According to the Tadawul announcement dated February 6, 2024, Halwani Bros. Co.(6001.SA) has officially accepted the resignation of its Chief Executive Officer, Eng. Amr Wafiq Farghal, due to personal circumstances, effective February 1, 2024. The Board of Directors has appointed Eng. Sakhr As'ad Jamjoom as the new Managing Director, starting April 15, 2024, until the end of the current board term on November 6, 2024.

Eng. Amr W. Farghal's resignation was accepted on February 5, 2024, marking the end of his tenure that began on February 1, 2024. The board has expressed its gratitude towards Eng. Farghal for his contributions and wished him well in his future endeavors.

Eng. Sakhr As'ad Jamjoom, a seasoned professional with a Master's degree in Engineering Management and a Bachelor's degree in Industrial Engineering, brings over 30 years of experience to his new role at Halwani Brothers. His extensive background spans executive positions in production, operation, manufacturing, and administrative work across various sectors, including food, manufacturing, and logistics.

The Board of Directors has expressed its confidence in Eng. Jamjoom's abilities to lead the company towards achieving its strategic goals, enhancing its performance, and fostering business growth during his tenure.