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Saudi Vitrified Clay Pipes Co. Announces the Results of the Ordinary General Assembly Meeting (Second Meeting)
- Thursday, 14 May 2026
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Vitrified Clay Pipes Company is pleased to announce the results of the Ordinary General Assembly Meeting (Second Meeting), which was held on Tuesday at 7:30 PM on 25/11/1447 H corresponding to 12/05/2026 G, via modern technology means. |
| City and Location of the General Assembly's Meeting | Via modern technology means |
| Date of the General Assembly's Meeting | 2026-05-12 Corresponding to 1447-11-25 |
| Time of the General Assembly’s Meeting | 19:30 |
| Percentage of Attending Shareholders | 12.73 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | Prince Faisal bin Abdulaziz bin Faisal Al Saud
Dr. Saad Saud Ibrahim Al-Sayari Mr. Abdullah Suleiman Al-Dubaan Mr. Sulaiman Nasser Gobrin Al-Hatlan Dr. Ahmed Othman Abdullah Al-Qasabi Eng. Sulaiman Ali Al-Dakhil Mr. Saleh bin Badr Al-Sanea No one was absent . |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1. Prince Faisal bin Abdulaziz bin Faisal Al Saud (Chairman of the Executive Committee)
2. Mr. Sulaiman bin Nasser bin Gobran Al-Hatlan (Chairman of the Audit Committee ) 2. Mr. Sulaiman bin Nasser bin Gobran Al-Hatlan (Chairman of the Nomination and Remuneration Committee) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1. The Board of Directors’ report for the fiscal year ended 31/12/2025G was reviewed and discussed.
2. The financial statements for the fiscal year ended 31/12/2025G were reviewed and discussed. 3. The Company’s auditor report for the fiscal year ended 31/12/2025G was approved after discussion. 4. The appointment of Al-Zoman, Al-Fahad and Al-Hajaj as the Company’s external auditor from among the nominated candidates was approved, based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for the second and third quarters and the annual financial statements for the fiscal year 2026G, as well as the first quarter of the fiscal year 2027G, for fees amounting to SAR 300,000. |
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.