The Saudi Paper Manufacturing Company announces the appointment of the Chairman of the Board and Vice Chairman of the Board of Directors, the appointment of the Company’s representatives to the Capital Market Authority, Saudi Stock Exchange, Securities Depository Center Company and the formation of the Board Committees
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| Announcement Detail | The Saudi Paper Manufacturing Company is pleased to announce to its shareholders that the board of directors in its three years new term (starting on 27-04-2021 and ending on 26-04-2024) as elected by the Extraordinary General Assembly meeting on 26-04-2021, held its first meeting on 28-04-2021 and issued the following resolutions:
First: Approve of the appointment of Engineer / Abdullah bin Abdul Rahman Al-Kharashi (independent) as Chairman of the Board of Directors. Second: Approve the appointment of Mr. Bashar bin Abdulaziz Aba Al-Khail (independent) as Vice Chairman of the Board of Directors. Third: Approve the appointment of the company's representatives to the Capital Market Authority, Saudi Stock Exchange (Tadawul) and Securities Depository Center Company (Edaa) as follows: 1. Engineer / Abdullah bin Abdul Rahman Al-Kharashi (Member of the Board of Directors) 2. Mr. Muhammad bin Abdul Wahhab AL-Sukait (Director of Shareholder Relations and Public Relations)
Fourth: Approve of the appointment of Mr. Muhammad bin Abdul Wahhab AL-Sukait as Secretary of the Board of Directors. Fifth: Approve of the Board of Directors ’recommendation to the General Assembly to form the (Audit Committee) and its chairman, the following are their names: 1- Mr. Bashar bin Abdulaziz Aba Al-Khail (Independent) as ( Chairman of the Committee) 2- Dr. Saleh bin Hamad Al-Shunifi (a member from outside the council). 3-Mr. Khalid bin Abdulaziz Al Hoshan (Member from outside the Board). Sixth: Approve the formation of the Executive Committee members as follows: 1- Mr. Abdullah bin Abdul Rahman Al-Kharashi (Independent). 2- Mr. Abdul Rahman bin Raed Al-Mishaal (non-executive). 3- Mr. Abdul Aziz bin Raed Al-Mishaal (non-executive). Seventh: Approve the formation of the Nomination and Remuneration Committee members as follows: 1- Mr. Abdullah bin Abdulrahman Al-Kharashi (Independent). 2- Mr. Wael bin Abdulrahman Al-Bassam (Independent). 3- Mr. Abdul Majeed bin Abdul Aziz Al-Abd Al-Wahhab (independent). |
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