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Saudi Advanced Industries Co. Announces Resignation of a Board Member

2120
SAIC
1.49 %
1444/07/14     05/02/2023 09:51:30

Element ListExplanation
Introduction The Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation to accept the resignation of the Board member Mr. Musa Abdullah Al-Ruwaili (independent member) from his position on 7/14/1444 corresponding to 02/5/2023 AD, provided that the resignation takes effect from the date of submitting the resignation on 8/ 7/1444 corresponding to 30/1/2023 AD, and the reason for his resignation is to devote himself to his own business.
Element ListExplanation
Resigned Member Name Musa Abdullah Al-Ruwaili
Membership Type Independent
Resignation Submission Date 2023-01-30 Corresponding to 1444-07-08
Resignation Acceptance Date 2023-02-05 Corresponding to 1444-07-14
Resignation Effective Date 2023-01-30 Corresponding to 1444-07-08
Membership Starting Date for the Resigned Member 2022-05-31 Corresponding to 1443-11-01
Reasons of Resignation To devote himself to his own business.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 47.6
Net Change 0.7 (+1.49%)
Value Traded (Sar) 166,220,369.1
Volume Traded 3,489,112
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