IssuerAnnouncementDetailsV2Portlet
The Saudi Public Transport Company (SAPTCO) Announces the Formation of the Audit Committee
Element List | Explanation |
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Introduction | The Saudi Public Transport Company (SAPTCO) announces Resolution of the Board of Directors to form the Audit Committee members for the current Board Term, which starting on January 1, 2025, and will ending on December 31, 2028,as follows: |
Element List | Explanation |
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Appointed Member Name | Mr. Alaa bin Abdullah Abdulrahman Al-Fada (Independent from Outside the Board) |
Membership Start Date | 2025-01-20 Corresponding to 1446-07-20 |
Brief Resume of the Appointed Member | Mr. Alaa bin Abdullah Abdulrahman Al-Fada holds a Bachelor's degree in Accounting and a Master's degree in Finance. He is a highly experienced internal auditor expertise in the field. |
The date of the approval by other official authorities | N/A |
Element List | Explanation |
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Appointed Member Name | Mr. Bakr bin Abdullah Al-Latif Al-Huboub (Independent from Outside the Board) |
Membership Start Date | 2025-01-20 Corresponding to 1446-07-20 |
Brief Resume of the Appointed Member | Mr. Bakr Al-Latif Mubarak Al-Huboub holds a Bachelor's degree in Sharia, along with two Master's degrees in Judiciary and Law. Additionally, he holds a diploma in Executive Leadership ,and he has extensive experience in Governance, law internal auditing. |
The date of the approval by other official authorities | N/A |
Element List | Explanation |
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Appointed Member Name | Mr. Adel bin Abdulaziz Al-sheddy (Independent Member) |
Membership Start Date | 2025-01-20 Corresponding to 1446-07-20 |
Brief Resume of the Appointed Member | Mr. Adel bin Abdulaziz Al-Shadi holds a Bachelor's degree in Accounting and an associate degree from the Saudi Organization for Certified Public Accountants (SOCPA) in Accounting and Taxation.Mr. Adel has extensive expertise in the field of internal auditing. |
The date of the approval by other official authorities | N/A |
Element List | Explanation |
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Appointed Member Name | Dr. Saud bin Mohammed Al-Nimer (Independent Member) |
Membership Start Date | 2025-01-20 Corresponding to 1446-07-20 |
Brief Resume of the Appointed Member | Dr. Saud Al-Nimer holds a Bachelor's degree in Accounting and Business Administration, a Master's degree in Public Administration, and a Ph.D. in Public Administration with a specialization in "Organization and Behavior." .He has extensive expertise in both management and accounting. |
The date of the approval by other official authorities | N/A |
Element List | Explanation |
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Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-01-20 Corresponding to 1446-07-20 |
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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