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Saudi Automotive Services Company (SASCO) announces appointment of a board member

4050
SASCO
1.70 %
1445/01/19     06/08/2023 15:31:42

Element ListExplanation
Introduction Saudi Automotive Services Company (SASCO) announces the approval of its Board of Directors (by circulation) based on recommendation of Remuneration & Nomination Committee to appoint Mr. Faisal Abdullah Ibrahim Aljedaie in the vacant position in the Board of Directors to complete its current term that ends on June 29, 2024.
Element ListExplanation
Appointed Member Name Mr. Faisal Abdullah Ibrahim Aljedaie
Membership Type Independent
Membership Start Date 2023-08-06 Corresponding to 1445-01-19
Brief Resume of the Appointed Member He holds a Bachelor's degree in Business Administration from King Saud University, and has practical experience for more than 23 years in corporate management.
Element ListExplanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2023-08-06 Corresponding to 1445-01-19
Board Approval The approval of the Board is not final, and this appointment will be present to the first meeting of the General Assembly for approval.

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 50.85
Net Change 0.85 (+1.7%)
Value Traded (Sar) 15,163,568.57
Volume Traded 299,226
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