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Tihama explains Al-Rasheed's removal
Tihama Advertising, Public Relations, and Marketing Company has issued a clarification regarding the invitation for the Ordinary General Assembly to dismiss Board Member Saleh Ghadir Al-Rashid. This action follows judicial decisions issued by the Appeals Committee in securities disputes, which found him guilty of violations related to the regulations and laws of the financial market. The dismissal agenda was included based on a recommendation from the Board of Directors, after it was proven that he violated the rules of the financial market through multiple trading methods that manipulated the company's value, leading to a misleading impression of securities activities during the period from August 2021 to July 2022. This conduct contravenes the principles of transparency and fairness in the Saudi financial market.
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