The Board of Directors of Flexible Industrial Packages Co. (FIPC) announced inviting its shareholders to an extraordinary general meeting (EGM) on Monday, September 8 at 4 pm to consider and approve the proposal of converting the Company’s legal status from joint stock company (SAOG) to closed joint company (SAOC).

FIPC’s Board of Directors will also discuss the amendment of the Articles of Association accordingly, the Company said in its statement to the Muscat Securities Market (MSM), adding that this amendment is dependent on converting procedures with Control Authorities.