Sipchem shareholders elect board members

Sahara International Petrochemical Co. (Sipchem) stated that its ordinary general meeting (OGM), held on Nov. 30, approved electing board members for the next three-year term starting Dec. 10, 2022, according to a statement to Tadawul. 

The elected members are Khalid Al-Zamil, Fahad S. Al Rajhi, Abdul Al-Zamil, Abdullah Al- Buainain, Saeed Al-Eisayi, Riyad Al-Idreesi, Saeed A. Basamah, Ziyad Al-Turky, Musaed Al-Ohaly, Firas Al-Abaad, and Ahmad Al-Dakheel. 

Furthermore, shareholders approved forming the audit committee, as well as determining its duties, roles and remunerations for the new term starting Dec. 10.  

The elected committee members are Ayidh Al-Qarni, Abdullah Al- Buainain, Mohammed Al-Kenani, and Mohammed Al-Nader. 

Shareholders also gave the nod to appointing Abdullah Al Buainain as an independent board member, starting from his appointment on April 25, 2022, to complete the current term ending Dec. 9, 2022. Al Buainain succeeded the former board member Yousef Al-Zamil.