Jazan Development and Investment Co. Announces Appointment of board member

08/01/2024 Tadawul
Element List Explanation
Introduction Jazan Development and Investment Company announces its Board of Directors resolution appointing Mr. Sultan Abdullah Shalash Alshalash (Independent) issued on 07-01-2024, to the Board of Directors starting from 07-01-2024 .

This is to complete the current session, which began on 13-04-2022 for a period of three years and ends on 12-04-2025 .

Element List Explanation
Appointed Member Name Sultan Abdullah Shalash Alshalash
Membership Type Independent
Membership Start Date 2024-01-07 Corresponding to 1445-06-25
Brief Resume of the Appointed Member Mr. Sultan Alshalash has extensive experience for more than 16 years of experience as a real estate and investment expert in the commercial and residential sectors across the Kingdom of Saudi Arabia and the GCC market. He holds a Bachelor's degree in International Business from the American University.

He has a proven track record in sourcing, acquiring and developing multiple business ventures in real estate, investment and technology.

He is also the Chairman of the Board of Directors of Alaqtar Real Estate Development Company and a member of some committees.

The date of the approval by other official authorities Not applicable
Element List Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2024-01-07 Corresponding to 1445-06-25
Board Approval Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval
Additional Information The Chairman and members of the Board of Directors welcome the new member and wish him success in supporting the company's business through his knowledge and experience.

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