IssuerAnnouncementDetailsV2Portlet
Tihama Advertising, Public Relations and Marketing Company announces the latest developments regarding the liability lawsuit against a former board member.
Element List | Explanation |
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Introduction | Tihama Advertising, Public Relations and Marketing Company announces the filing of a complaint with the Capital Market Authority against former board member Abdulaziz Najib AlSuwailem. |
Previous Announcement | Tihama Advertising and Public Relations and Marketing Company Announces the Results of the Ordinary General Assembly Meeting (First Meeting) |
Date of Previous Announcement on Saudi Exchange’s Website | 2025-03-09 Corresponding to 1446-09-09 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | With reference to the company's announcement dated March 9, 2025, including the approval of the company's general assembly to file a liability lawsuit against the company's former board member, Abdulaziz Najib Al-Suwailem. The company has registered the complaint with the Capital Market Authority, which includes a claim for financial compensation. The company assures its valued shareholders that it will not hesitate to take all necessary legal measures to preserve its interests and the rights of its shareholders. |
Reasons For The Delay on The Date of The Event Previously Announced | Not applicable |
The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable |
Delay consequences on the Company’s financial results | Not applicable |
Additional Information | The company will announce any major developments in this regard. |
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.