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Saudi Advanced Industries Co. — Major Shareholding Notification 2021
Jun 20, 2021
53301_rns_2021-06-20_3e9c5ae4-28c1-456c-96a3-801760ffba61.html
Major Shareholding Notification
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Saudi Advanced Industries Company announces that it has received a letter from shareholders owning more than 5% of its capital.
2120 · 20/06/2021 09:28:03 · Announcement #63808 · View on Saudi Exchange
Saudi Advanced Industries Company announces that it has received a letter from shareholders owning more than 5% of its capital.
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Advanced Industries Company (the company) announces that it has received a letter from some shareholders who own shares representing 5.06% of the company's capital requesting that regular procedures be taken to disband the company's board of directors and re-elect new board members. |
Accordingly, the company will take the necessary regular procedures regarding the above-mentioned request, and any developments in this regard will be announced in due course.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.