Riyadh – Mubasher: Saudi Capital Market Authority (CMA) decided forming an interim committee to supervise the management of Mohammad Al-Mojil Group Company.

CMA summoned the company's general assembly to convene within no later than three months from the date on which such committee is formed, according to a bourse filing.

The committee shall start its duties on 28 November 2016, the statement said.

CMA appointed Abdullah Bin Jasser Almadhy as the committee chairman, Mohammed Bin Rashed Alhazani as the vice chairman and Saleh Bin Hamad Alshunaifi as a member.

On 19 November, the Group announced the resignation of all its board members.