A total of 22 candidates have applied for board members of Saudi cement producer Tabuk Cement Company (TCC), it was reported on November 28, 2004. The company has called a general shareholders’ meeting on December 1, 2004 to elect a new board with a three-year term starting from January 1, 2005. The meeting was initially scheduled for November 21, 2004 but was postponed due to lack of quorum TCC, one of the eight cement companies operating in Saudi Arabia, was established in 1994 as a joint stock company. The company has an authorised capital of 700 mln Saudi riyals ($186.7 mln/140.5 mln euro).
