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National Agricultural Development Co.'s (NADEC) shareholders approved the election of new board members for the three-year term starting April 11, 2021, during the ordinary general assembly meeting to be held on March 21, 2021, according to a bourse filing.
The board members are Abdulaziz Saleh Al-Rebdi (representative of Public Investment Fund), Bader Abdulrahman Al-Sayari (representative of Sulaiman Al Rajhi Holding), Omar Hamad Al-Madhi, Solaiman Abdulaziz Al-Twaijri, Saleh Hasan Al-Afaleq, Abdulateef Abdullah Al-Rajhi and Amr Abdulaziz Al-Jallal.
Shareholders also approved the formation of the audit committee, its tasks, work controls and remunerations for its members for the new three-year term starting April 11, 2021.
Omar Hamad Almadhi, Saleh Hasan Al-Afaleq and Ammr Khalid Kurdi (external) were elected as the audit committee members.
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