Saudi Transport and Investment Co. (Mubarrad) approved on Monday a plan to change the company’s name to BATIC Investment and Logistics, the company said in a statement to Tadawul.

 

During the company’s extraordinary general assembly meeting, shareholders also reappointed Abdulaziz Ibrahim Alissa as chairman of the board for the next three-year term starting from April 3, 2017.

 

A board remuneration of SAR 600,000 was approved for three board directors. 

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