Al Naqool shareholders elect board members for 3-year term

Mohammed Hasan Al Naqool Sons Co.’s shareholders approved, during the ordinary general meeting (OGM) held on Nov. 30, the election of board members for the upcoming three-year term, starting on Dec. 15, 2022, the company said in a statement to Tadawul.

The elected board members are Majid Al Naqool Al Subaie, Turki Al Naqool Al Subaie, Mohammed Al Mutairi, Nizar Al Sarraf and Saad Al Shubrami.

Shareholders also ratified the formation of an audit committee. They determined its tasks and work controls, as well as the remuneration of its members, for the three-year term ending on Dec. 14, 2025.  

Members of the audit committee include Mubarak Mohammed Al Subaie as its chairman. Mutlaq Mutlaq Al Subaie and Mohammed Al Mutairi were named as members.