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Watani Iron and Steel Company announces a change in the Audit Committee (Committee Chairman)

9513
WATANI STEEL
-0.45 %
1446/04/03     06/10/2024 15:39:08

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Announcement Detail Watani Iron and Steel Company announces the decision of the Audit Committee on October 6, 2024 AD to approve the appointment of Mr. Faisal Muhammad Hammad Al-Ubaid as Chairman of the Audit Committee (member from outside the Board) Independent

The formation of the committee will be as follows:-

1- Mr. Faisal Muhammad Hammad Al-Ubaid, Chairman of the Audit Committee (member from outside the Board) Independent

2- Mr. Mishari Abdul Karim Al-Rajhi (non-executive board member)

3- Mr. Omar Muhammad Al-Tarif (non-executive board member)

The committee decided in the same meeting that the aforementioned decision would be effective from October 6, 2024 AD until the end of the current committee’s term, which ends with the end of the Board of Directors’ term on July 1, 2026 AD.

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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WATANI STEEL
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Key Parameters
Last Price 2.2
Net Change -0.01 (-0.45%)
Value Traded (Sar) 210,492.32
Volume Traded 95,478
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