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Hodhab Al-Ghalij shareholders OK new board

Hodhab Al-Ghalij shareholders OK new board

Hadab Al-Khaleej Trading Company announced the results of its Ordinary General Assembly meeting, held on July 21, 2026, with an attendance rate of 83.10%. The assembly approved the election of a new Board of Directors for the upcoming term starting August 22, 2026, and lasting four years until August 21, 2030. Five members were elected: Nayef bin Ibrahim bin Rashed Al-Rashed Al-Humaid, Nasser bin Abdullah bin Saleh Al-Humaid, Mohamed bin Abdulaziz bin Abdulrahman Al-Shaye, Fahd bin Abdulaziz bin Abdullah Al-Nassar, and Yasser bin Abdulaziz bin Ibrahim Al-Rashed Al-Humaid. Additionally, the assembly authorized the Board to distribute interim profits on a semi-annual or quarterly basis for the year 2026, and retained similar powers for a year or until the current board's term concludes, in accordance with the regulations governing listed joint-stock companies.

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