Saudi German Health Director Resigns Over Governance Concerns

SAUDI GERMAN HEALTH

SAUDI GERMAN HEALTH

4009.SA

0.00

Middle East Healthcare Company (Saudi German Health) announced on December 17, 2025, that Dr. Khalid Abduljalil Batterjee, a Non-Executive Board Member, has resigned effective December 11, 2025, citing personal reasons. The company disputes the justifications in his resignation letter, which mentioned differences regarding Board working mechanisms, related-party transactions, governance structure, and concentration of authority. The company affirmed its full compliance with governance rules and stated the resignation will not impact its financial position or business continuity. Dr. Batterjee had served on the Board since the company's listing on Saudi Exchange Tadawul, with his current term having begun on September 17, 2023.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92110&anCat=1&cs=4009&locale=ar

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.