Al-Jouf Agricultural Development Co. (Jadco) Announces Resignation Audit Committee Member
| Element List | Explanation |
|---|---|
| Introduction | Al-Jouf Agricultural Development Company announces the decision of its Board of Directors to accept the resignation submitted by the member of the Audit Committee, from outside the Board, Mr. Yasser Yehia Abdelhamid Abdrabou, representative and CEO of Fitaihi Holding Group, from his membership in the Audit Committee of (JADCO), as of March 22, 2021, given that Fitaihi Holding Group has sold its entire stake in the share capital of Al-Jouf Agricultural Development Company, on March 2, 2021. Noting that the membership of Mr. Yasser Yehia, in the new session of the Audit Committee, began on March 22, 2021.
The Chairman and his deputy and Members of the Board of Directors of (JADCO) extend their deep thanks and appreciation to Mr. Yasser Yehia Abdelhamid for his sincere and effective efforts during his membership in the Audit Committee in its session ended on March 21, 2021, wishing him continued success.
The Board of Directors also approved the nominate of Mr. Khalid bin Mohammed bin Abdullah al-Arifi , to the next general Assembly meeting which will be held later to Audit Committee membership |
| Element List | Explanation |
|---|---|
| Name of Resigning Member | Mr. Yasser Yehia Abdelhamid Abdrabbo |
| Resignation Submission Date | 2021-03-22 Corresponding to 1442-08-09 |
| Resignation Effective Date | 2021-03-22 Corresponding to 1442-08-09 |
| Reasons for Resignation | Given that Fitaihi Holding Group has sold its entire stake in the share capital of Al-Jouf Agricultural Development Company, on March 2, 2021. |
| Resigning Member Start Date | 2021-03-22 Corresponding to 1442-08-09 |
Comments