Addendum announcement from United International Transportation Company (Budget Saudi) regarding the results of the Ninth Ordinary General Assembly meeting (first meeting)
ELEMENT LIST |
EXPLANATION |
Introduction |
Referring to the results of the Ninth Ordinary General Assembly meeting (The first meeting) of the United International Transportation Company (Budget Saudi) held on 29/04/2021, which included the rejection of clause No. 14 regarding the participation of a member of the Board of Directors Mr. Alaaudeen Riyad Sami in a work competing the company's business and based on Article 48 of the Corporate Governance Regulations issued by the Board of the Capital Market Authority, accordingly, the company would like to mention the following: |
Date of Posting the Previous Announcement of Development on Tadawul's Website |
2021-05-02 Corresponding to 1442-09-20 |
URL of the Previous Announcement |
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Change on the Development |
Resignation of Mr. Alaaudeen Riad Sami, a member of the Board of Directors (non-executive), starting from the date of announcing the results of the Ordinary General Assembly meeting (first meeting) and published on the Saudi Stock Exchange website (Tadawul) on 02/05/2021 |
Financial Impact on the change |
N/A |