2120 · 06/06/2022 09:47:51 · Announcement #68692 · View on Saudi Exchange

Saudi Advanced Industries Company (SAIC) announces in response to the news circulating in social media

Element ListExplanation
Announcement Detail Referring to the news circulating in social media, we inform our honorable shareholders that the Saudi Advanced Industries Company received a letter of resignation from both Board member Mr. Yazid Khalid Al-Shathri, and Board member Mr. Badr Khalid Al-Shathri on 04/06/2022 AD. And that was before the first meeting of the Board of Directors, so the members of the Board preferred to wait until the appointment of the Chairman of the Board of Directors and the Vice Chairman and Assigning the Nominations and Remunerations Committee the necessary work to study the status of the letter, and the company will announce later any future developments in this regard.

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