Arriyadh Development transfers management powers to managing director
25/04/2021
Argaam
Arriyadh Development Co. (ARDCO) transferred all management powers to its newly-appointed managing director, Abdullah bin Al-Bahouth, the company said in a bourse statement.
Moreover, Ali bin Abdullah Al-Hassoun, the current CEO, will remain an advisor to the managing director and to the board of directors until September 25, 2021, and a board member until the end of the current session on June 24, 2022.
ARDCO’s board of directors appointed Albahouth as managing director and amended the membership status to an executive member as of April 21, 2021, Argaam reported.
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
ARDCO
16.90
0.45
2.74%
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}