Dar Almarkabah Audit Committee Member Quits Over Governance Concerns
DAR ALMARKABAH 9577.SA | 0.00 |
On July 19, 2026, Dar Almarkabah for Renting Cars Co. announced the resignation of Mr. Khalid Muqbil Al-Muqbil from his position as a member of the Audit Committee, effective July 16, 2026. Mr. Al-Muqbil, who had served on the committee since May 22, 2024, cited weak implementation of corporate governance procedures within the company as the reason for his resignation. The Board of Directors has committed to appointing a replacement member in accordance with applicable regulatory requirements, ensuring the Audit Committee maintains its minimum composition of three members, with the name of the new appointee to be announced at a later date.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96856&anCat=1&cs=9577&locale=arNote: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.
Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
