IssuerAnnouncementDetailsV2Portlet
Amana Cooperative Insurance Company announces the latest developments for “Amana Cooperative Insurance Company announces the latest developments” Amana Cooperative Insurance Company announces the extension of the appointment of Managing Director
Element List | Explanation |
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Introduction | Reference to the announcement of Amana Cooperative Insurance Company on 22/11/1445 AH corresponding to 30/05/2024 regarding the Board of Directors’ decision to appoint Mr. Rachid Salim Abi Nader to the position of Managing Director of the company. Accordingly, Amana Cooperative Insurance Company announces that it has obtained a non-objection from the Insurance Authority regarding the Board of Directors’ decision to extend the appointment of Mr. Rashid Salim Abi Nader, in order to carry out the duties of Managing Director of Amana Cooperative Insurance Company. The appointment period will be for an additional year, starting from 06/12/2024 until 05/12/2025. |
Previous Announcement | Amana Cooperative Insurance Company announces the latest developments of Amana Cooperative Insurance Company announces the appointment of the CEO |
Date of Previous Announcement on Saudi Exchange’s Website | 2024-05-30 Corresponding to 1445-11-22 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | Extension of appointment period |
The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |
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.