Logo of Al-Baha Investment and Development Co.
The newly elected board of directors of Al-Baha Investment and Development Co. reappointed Mohammed Al Hammadi (a non-executive member) as Chairman and Ibrahim Kulaib (an executive member) as Vice Chairman and CEO during its meeting today, Feb. 10.
According to the company’s statement on Tadawul, the board also approved the formation of the audit committee and the nomination and remuneration committee, as well as the appointment of a board secretary.
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In addition, the board appointed the company’s representatives at the Capital Market Authority (CMA) and the Saudi Exchange (Tadawul) for all purposes relate to applying the Capital Market Law and its executive regulation.
According to Argaam’s data, the company’s shareholders approved, during an extraordinary general meeting (EGM), electing board members for the upcoming four-year term ending Feb. 9, 2029.
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