Saudi Cable’s board recommends dismissal of 2 members

22/05/2024 Argaam
Logo ofSaudi Cable Co.

Logo of Saudi Cable Co.

Saudi Cable Co.’s board of directors recommended the dismissal of members Zeyad Al Barak and Nael Fayez.

 

According to a statement to Tadawul, the company said that the decision was based on a recommendation from the Nominations and Remuneration Committee, and in commitment to protecting the interests of the company and its shareholders.

 

The committee's recommendation stated that the two members objected to decisions taken by the board to protect the company's interests and shareholders. 

 

The company will provide a comprehensive report on the reasons for the dismissal of the two members to shareholders before the vote, in accordance with disclosure rules, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.