Thimar Development Appoints Chairman and Forms Remuneration Committee

THIMAR

THIMAR

4160.SA

0.00

On May 17, 2026, Thimar Development Holding Company announced its Board of Directors' decisions following the Ordinary General Assembly Meeting held on May 12, 2026, which elected the new Board for a four-year term from May 14, 2026 to May 13, 2030. The Board appointed Mr. Sulaiman bin Naser Al-Hatlan as Chairman and Mr. Mohammad bin Saleiman Aleisa as Vice Chairman. Additionally, the Board formed the Nominations and Remuneration Committee comprising Mr. Sulaiman bin Naser Al-Hatlan (Independent), Mr. Sami bin Mohammad AlHelwah (Independent), and Mr. Saud bin Hassan bin Saeed (Non-Executive), while also appointing representatives to the Capital Market Authority and Saudi Stock Exchange (Tadawul) and a Board Secretary.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95428&anCat=1&cs=4160&locale=ar

Note: 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.

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