Saudi Real Estate Company "Al-Akaria" or "The company" is pleased to announce to its shareholders the nomination opening for the board of directors membership for the upcoming three-year tenure starting 31- 01-2025 ending on 30-01- 2028.
Anyone who wish to nominate themselves for the board of directors membership, who meet the memberships conditions and criteria, must submit the nomination applications within the specified period and in accordance with the announcement details.
The nominated members will be elected during the General Assembly meeting, which will be held & announced later after obtaining the necessary approvals from the competent authorities, in accordance with the conditions stipulated in the Companies Law and the Corporate Governance Regulations, in addition to the
Policies, Criteria, and Procedures charter for Membership of the company’s board of directors approved by the General Assembly.
Type of Assembly
New Session
Term Start Date
2025-01-31
Term End Date
2028-01-30
Number of members
9
Nomination Start Date
2024-10-31 Corresponding to 1446-04-28
Nomination End Date
2024-11-30 Corresponding to 1446-05-28
Applications Submission Method
Please fill out all the forms referred to in this announcement, which can be obtained through the Capital Market Authority's website or through the attachments in both Arabic & English and Share a clear copy of the National identity card and the family card, as well the passport for non-Saudis to be send through:
-Email:
nominee@al-akaria.com
Or
-All forms shall be sent when it is filled and signed in all the pages by handing them during the official working hours of the company from 9 AM until 3 PM.
Or
-Through the official registered mail of the company to be addressed to the following address: - NRC's Secretary - Olaya Street, Al Aqaria Plaza Center - 5th Floor - Khalid Ibn Yazid Ibn Muawiyah, Al Olaya
PO Box 3572, Riyadh 11481
Tel: 0114600000 Ext: 3055
Policy and criteria of nomination
Attached
Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange
Attached Documents
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.