The United International Transportation Company (Budget Saudi) announces the appointment of the Chairman and the Vice-Chairman of the Board of Directors, the formation of the Board Committees, the appointment of the Company’s representatives, and the appointment of the Board Secretary for its new term.
| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the Extraordinary General Assembly meeting held on Thursday 23-05-2024, in which the members of the Board of Directors of the United International Transportation Company (Budget Saudi) were elected for the next term, which started on 21-06-2024 for four years and ends on 20-06-2028.
The United International Transportation Company (Budget Saudi) announces the Board of Director’s decision to appoint the Chairman and Vice-Chairman, formation of the committees, appoints the Company’s representatives at the Capital Market Authority and Saudi Tadawul Group, and appoints the Board Secretary as follows:
Firstly: Electing the Chairman and the Vice Chairman, as follows:
- Dr. Ibrahim Saad AlMojel (Independent member) - Chairman of the Board of Directors - Mr. Abdulwahab Abdulkarim Albetari - (Independent member) - Vice Chairman of the Board of Directors
Secondly: Formation of the Board committees the of the following:
1- The Audit committee. 2- The Remunerations and Nominations Committee. 3- The Executive Committee.
Third: Representatives of the Company have been appointed to represent the Company at the Capital Market Authority and and Saudi Tadawul Group for all purposes related to complying with CMA regulation.
Fourthly: The secretary of the Board of Directors has been appointed. |
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