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Saudi Darb Investment Co. Announces an update on a complaint against the former members of the Board of Directors for the term from February 10 February 2010 to 9 February 2013, with the Capital Market Authority, seeking compensation, jointly and severally, in the amount of 100 million Saudi riyals.
4130
SAUDI DARB
-0.47
%
1447/01/26 21/07/2025 15:47:35
| Element List | Explanation |
|---|---|
| Introduction | Further to the company’s announcement of filing a complaint against the former members of the Board of Directors for the term from February 10, 2010 to February 9, 2013 with the Capital Market Authority for compensation, jointly and severally, in the amount of 100 million Saudi Riyals, and its acceptance by the General Secretariat of the Securities Disputes Resolution Committees, the company would like to announce to the shareholders the latest developments in this regard, as the requirements requested by the committee at the General Secretariat of the Securities Disputes Resolution Committees have been completed. |
| Previous Announcement | a complaint against the former members of the Board of Directors for the term from February 10 February 2010 to 9 February 2013, with the Capital Market Authority, seeking compensation, jointly and severally, in the amount of 100 million Saudi riyals. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-07-17 Corresponding to 1447-01-22 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company would like to announce to shareholders that the requirements have been completed at the General Secretariat of the Securities Disputes Resolution Committees. |
| Reasons For The Delay on The Date of The Event Previously Announced | The company is following up on developments in this regard and announcing any material development. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | It cannot be determined at this stage, and any developments regarding this issue will be announced in due course. |
| Additional Information | The company will follow up on developments in this regard and announce any material developments. |
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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Last Price 2.11
Net Change -0.01 (-0.47%)
Value Traded (Sar) 2,051,642.81
Volume Traded 974,017
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