GAS Assembly Elects 6 Board Members and Transfers SAR 36.8 Million to Retained Earnings

GAS Arabian Services Co. announced on Wednesday the results of the Extraordinary General Assembly Meeting (First Meeting), where it was approved to elect 6 members to the Board of Directors from among the candidates for the next session, which starts from Jan. 01, 2025, lasts for 4 years, and ends on Dec. 31, 2028. The members are:

– Mr. Abdulrahman Khalid Al-Dabal (Chairman)

– Mr. Faisal Khalid Al-Dabal (Vice Chairman and CEO)

– Mr. Fawaz Abdullah Danish

– Mr. Alawi Mohammed Baroum

– Eng. Aref Khalid Al-Dabal

– Mr. Abdulaziz Ibrahim Alkhamis.

The Company stated in a statement on “Tadawul” that it was approved to transfer the statutory reserve of 36.87 million riyals as in the financial statements for the year ending Dec. 31, 2023 to the retained earnings item.