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Basic Chemical Industries Co. Announces Resignation Audit Committee Member
| Element List | Explanation |
|---|---|
| Introduction | Basic Chemical Industries Co. announces the resignation of the member of the Audit Committee - Mr. Aziz Mouhamed Moubarak Al Fahd AlQahtani (member from outside the board), who has submitted his resignation from the membership of the Audit Committee on 19/ 05 / 2024 based on the Corporate Governance Regulations issued by the Capital Market Authority regarding what is stated in Article Fifty-One (Paragraph G), which stipulates (IA member of the audit committee shall not be a member of the audit committees of more than five listed joint stock companies at the same time) The Resignation Effective Date on 19 / 05 / 2024. The company extended thanks and gratitude to Mr. Aziz AlQahtani for his efforts and effective contribution during his period as a member of the Audit Committee during the last period. |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Mr. Aziz Muhammad Mubarak Al Fahd AlQahtani |
| Resignation Submission Date | 2024-05-19 Corresponding to 1445-11-11 |
| Resignation Effective Date | 2024-05-19 Corresponding to 1445-11-11 |
| Reasons for Resignation | Based on the Corporate Governance Regulations issued by the Capital Market Authority regarding what is stated in Article Fifty-One (Paragraph G), which stipulates: (A member of the audit committee shall not be a member of the audit committees of more than five listed joint stock companies at the same time). |
| Resigning Member Start Date | 2022-06-15 Corresponding to 1443-11-16 |
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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