Zoujaj shareholders elect new board for 3-year term

Logo of The National Company for Glass Industries’ (Zoujaj)

The National Company for Glass Industries’ (Zoujaj) shareholders approved during the ordinary general meeting (OGM) held on April 13 electing a new board of directors for the upcoming 3-year term, starting from April 13, 2023.

The elected board members are Oman bin Riyad Al Humaidan, Ahmed Al Furaih, Othman Riadh Al Humaidan, Miqad Al Khamis, Saleh Al Ghassab, Sattam Rashid Al Humaidhi and Abdul Rahman Suleiman Al Yahya, Zoujaj said in a statement to Tadawul.

They also approved the audit committee formation, defining its duties, working procedure and remuneration policy for the same three-year term. The committee comprises Mohammad Al Sheikh, Othman Al Humaidan and Ahmed Al Furaih.

The board was authorized to distribute interim dividends on a quarterly or a semi-annual basis for 2023, the glass manufacturer added.