Logo of Power and Water Utility Company for Jubail and Yanbu (MARAFIQ)
Power and Water Utility Company for Jubail and Yanbu’s (MARAFIQ) shareholders approved the election of board members, during the ordinary general meeting (OGM) held on April 17.
According to a statement on Tadawul, the newly elected board will begin its four-year term on April 20, 2025.
The newly elected members included four non-executive members: Khalid Al-Salem, Anas Kentab, Mohammed Al Hajri, and Badr Al-Ghariry, in addition to three independent members: Suliman Al-Mazroua, Fahd Al-Sumaih, and Mohammed Batterjee.
Additionally, shareholders authorized the board of directors to distribute interim dividends on a semi-annual basis for 2025.
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