Logo of Saudi Cement Co.
Saudi Cement Co.'s board of directors approved today, Jan. 1, to reappoint Khalid AlRajhi (non-executive member) as Chairman and Mohammed El-Khereiji (non-executive member) as Vice Chairman, the cement producer said in a bourse statement.
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In addition, the board gave the go-ahead for appointing Mohammed AlGarni (executive member) as Secretary.
The board also approved the formation of the nominations and remunerations, as well as the executive committees.
Representatives were also appointed for the Capital Market Authority (CMA) and Saudi Tadawul Group for all purposes related to the application of rules and regulations.
According to data compiled by Argaam, the company’s shareholders approved, on Nov. 27, electing new board members for the upcoming four-year term, starting Jan. 1, 2025.
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