19 May, 2024 15:46
Basic Chemical Industries Co. Announces Resignation Audit Committee Member
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Introduction | Basic Chemical Industries Co. announces the resignation of the member of the Audit Committee - Mr. Aziz Mouhamed Moubarak Al Fahd AlQahtani (member from outside the board), who has submitted his resignation from the membership of the Audit Committee on 19/ 05 / 2024 based on the Corporate Governance Regulations issued by the Capital Market Authority regarding what is stated in Article Fifty-One (Paragraph G), which stipulates (IA member of the audit committee shall not be a member of the audit committees of more than five listed joint stock companies at the same time) The Resignation Effective Date on 19 / 05 / 2024. The company extended thanks and gratitude to Mr. Aziz AlQahtani for his efforts and effective contribution during his period as a member of the Audit Committee during the last period. |
Element List | Explanation |
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Name of Resigning Member | Mr. Aziz Muhammad Mubarak Al Fahd AlQahtani |
Resignation Submission Date | 2024-05-19 Corresponding to 1445-11-11 |
Resignation Effective Date | 2024-05-19 Corresponding to 1445-11-11 |
Reasons for Resignation | Based on the Corporate Governance Regulations issued by the Capital Market Authority regarding what is stated in Article Fifty-One (Paragraph G), which stipulates: (A member of the audit committee shall not be a member of the audit committees of more than five listed joint stock companies at the same time). |
Resigning Member Start Date | 2022-06-15 Corresponding to 1443-11-16 |
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