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AL Ahsa
Development Co announces for Board approval to buy AL Sharqia
Development Co. equity of Al-Ahsa Food Industries. ADC owns100%
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2011-12-07 (1433-01-12 ) 09:51:39
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The board of Al-Ahsa Development Co. approved this
morning 07/12/2011 to buy AL Sharqia Development Co equity of Al-Ahsa
Food Industries - limited liability company - amounting to 50% of
the total value of shares (8) million Saudi riyals.
Thus, the ownership of Al-Ahsa Development by 100% for Al-Ahsa Food
Industries. The net value of the investment in the company records a
zero. Note that the rights of partners in that company as last
audited Financial Statements, as in 30/06/2011 amounted to (4)
million riyals, and the positive effects of having such quotas will
be reflected in future financial statements following the
restructuring of the company after a totally owned.
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Al-Ahsa Development Company announces the resignation of
its Chief Executive Officer (C E O) and the appointment of new Chief
Executive Officer (C E O). |
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2011-09-25 (1432-10-27 ) 08:54:21 |
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Al-Ahsa Development Company announces the approval of the Board of
Directors this morning Sunday 27/10/1432 AH (26/09/2011 G) to accept the
resignation of Chief Executive Officer Engineer / Ali Bin Abdullah Al-Hassoun
on his own circumstances as on 28/10/1432 AH (26/09/2011 G). He will
continue to be a member of the Board of Directors.
The Board of Directors also approved the appointment of Mr. Zaid bin
Abdullah Al Yaeesh as new Chief Executive Officer of the company w.e.f.
28/10/1432 AH (26/09/2011 G) Mr. Zaid Al-Yaeesh is the employee of ADC
working as a Business Development Manager and holds a Masters in
Business Administration from the University of Bahrain, also he has
worked in several private sectors before joining ADC. |
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| Al-Ahsa
Development Company announces the resignation of Chairman of the
Board of Directors.
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2012-01-16 (1433-02-22 ) 15:58:40
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Al-Ahsa Development Company announces that the
Board of Directors had accepted the resignation of Chairman and
Member of Board of Directors Mr. Khalid Omar Al-Baltan, due to his
personal business commitments, as on 15/Jan/2012.
The Board of Directors appoint Mr. Waleed Hassan Al-Afaleq as the
Chairman of Board of Directors and Mr. AbdulMohsen Mohammed
Al-Othman as the Vice Chairman of Board of Directors and Chief of
Executive Committee, w.e.f. 16/Jan/2012.
The Board of Directors thank Mr. Khalid Omar Al-Baltan for his
efforts during his Chairmanship of Board of Directors.
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تعلن شركة الأحساء للتنمية عن
قبول مجلس الإدارة استقالة الأستاذ/ خالد بن عمر البلطان رئيس مجلس الإدارة
بناء على طلبه ولظروفه العملية من رئاسة وعضوية مجلس الإدارة اعتباراً من
15/01/2012م، وتعيين نائب الرئيس وعضو مجلس الإدارة الأستاذ/ وليد بن حسن
العفالق رئيساً لمجلس الإدارة، والأستاذ/ عبد المحسن بن محمد العثمان نائباً
لرئيس مجلس الإدارة ورئيس اللجنة التنفيذية اعتباراً من 16/01/2012م.
ويوجه مجلس الإدارة الشكر للأستاذ/ خالد بن عمر البلطان على جهوده أثناء ترؤسه
لمجلس الإدارة
tal SR
490,000,000)