Taqat Mineral Trading Company announced that its Extraordinary General Assembly (First Meeting) has approved the election of Board members for the upcoming four-year term, commencing on February 14, 2025.
According to the company’s statement on Tadawul, the elected members are:
- Ali Muhammad Ali Al-Hudhaif
- Fahd Abdullah Abdulaziz Al-Khunainy
- Abdulrahman Muhammad Hamad Al-Khathlan
- Muhammad Azzam Muhammad Al-Shuwaier
- Muhammad Abdulrazzaq Ahmed Al-Maa
Additionally, the Assembly approved transferring the statutory reserve balance of SAR 1.4 million, as stated in the annual financial statements ending December 31, 2023, to offset the accumulated losses balance of SAR 17.9 million, as reflected in the semi-annual financial statements ending June 30, 2024.
