Logo of Saudi Arabia Refineries Co. (SARCO)
Saudi Arabia Refineries Co. (SARCO) announced the resignation of non-executive board member Fahad Abdul Rahman Al-Muaikel from his membership in the Board of Directors and the committees.
According to a statement on Tadawul, the resignation is effective from today, Jan. 3.
Al-Muaikel attributed his resignation to reservations about the company’s business and poor results.
The company indicated that Al-Muaikel’s membership began on May 1, 2021.
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