36 Days
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Developmental Food Assembly Postponed Again
The Food Development Business Company announced the postponement of its extraordinary general assembly meeting for the second consecutive time due to the failure to meet the required legal quorum. The attendance rate at the second meeting was 14.21% of the total shares, which is below the minimum required to hold the meeting and make decisions. The failure to hold the meeting at this time does not affect existing recommendations, such as profit distribution or changes in capital, which will be discussed at the next meeting. This meeting is essential for making important decisions, such as amending the articles of incorporation or increasing or decreasing the capital.
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