IssuerAnnouncementDetailsV2Portlet

Actions

Saudi Advanced Industries Company announces the resignation of the company's acting CEO

Element ListExplanation
Introduction Saudi Advanced Industries Company announces the acceptance by the Board of Directors on 02/03/1446 AH corresponding to 05/09/2024 AD of the resignation of Dr. Abdullah bin Sulaiman Al-Juraish from the position of the acting CEO of the company as of 02/03/1446 AH corresponding to 05/09/2024 AD, and the reason for his resignation was due to his personal circumstances, with him continuing as managing director to manage the company’s business until the end of the contract between the two parties.

The Board of Directors extends its thanks and appreciation to Dr. Abdullah bin Sulaiman Al-Juraish for his efforts during his presidency of the company, wishing him continued success.

The company will also announce any developments regarding the appointment or assignment of a new CEO for the company in due course.

Element ListExplanation
Name of the Resigned Person Dr. Abdullah Sulaiman Al-Juraish
Resignation Acceptance Date 2024-09-05 Corresponding to 1446-03-02
Resignation Effective Date 2024-09-05 Corresponding to 1446-03-02
Reasons for Resignation Special circumstances

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.

Company Performance

Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price
Net Change  (%)
Value Traded (Sar)
Volume Traded
See The Company Profile

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions
NO PORTLET SESSION YET