Saudi Cable Company Announces Resignation and Appointment of Two Board Members
| Element List | Explanation |
|---|---|
| Introduction | Saudi Cable Company announces the resignation of two members of the Board of Directors on 17/12/2025, as follows:
1. Mr. Mohammed bin Zohair Murad (Independent) 2. Mr. Abdulkareem bin Mohammed Al-Nuhayer (Independent) The Board of Directors extends its sincere thanks and appreciation to the resigned members and wishes them continued success. The Company would also like to announce the appointment of two members of the Board of Directors in the vacant seats of the Board of Directors as of 18/12/2025, provided that they complete the remaining statutory period of the current Board session, as follows: 1. Mr. Abdulmohsen bin Abdullah Al-Rajhi (Independent) 2. Mr. Khalid Bin Sayer Al-Shammari (Independent) |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Mohammed bin Zohair Murad |
| Membership Type | Independent |
| Resignation Submission Date | 2025-12-17 Corresponding to 1447-06-26 |
| Resignation Effective Date | 2025-12-17 Corresponding to 1447-06-26 |
| Membership Starting Date for the Resigned Member | 2024-06-27 Corresponding to 1445-12-21 |
| Reasons of Resignation | Due to his personal circumstances |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Abdulkareem bin Mohammed Al-Nuhayer |
| Membership Type | Independent |
| Resignation Submission Date | 2025-12-17 Corresponding to 1447-06-26 |
| Resignation Effective Date | 2025-12-18 Corresponding to 1447-06-27 |
| Membership Starting Date for the Resigned Member | 2024-04-04 Corresponding to 1445-09-25 |
| Reasons of Resignation | Due to his own (personal) reasons |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Abdulmohsen bin Abdullah Al-Rajhi |
| Membership Type | Independent |
| Membership Start Date | 2025-12-18 Corresponding to 1447-06-27 |
| Brief Resume of the Appointed Member | Mr. Abdulmohsen Al-Rajhi possesses over ten years of experience in managing and executing real estate and construction projects and business development. He has a strong ability to plan, monitor, and ensure the quality and efficiency of project execution to achieve sustainable growth and development goals.
During his career, Mr. Al-Rajhi has held several senior positions and board memberships in various companies, including Raj Real Estate Management and Development Company (Al-Rajhi Group). He also served on the board of directors of Batk Holding Company and on the audit committee of Dukhoon National Trading Company. Mr. Abdulmohsen holds a bachelor's degree in English from Qassim University. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Khalid Bin Sayer Al-Shammari |
| Membership Type | Independent |
| Membership Start Date | 2025-12-18 Corresponding to 1447-06-27 |
| Brief Resume of the Appointed Member | Mr. Khalid Alshammari possesses Dynamic Business Consultant & Finance Professional with over 10 years of international and experience in financial strategy, procurement, and operational efficiency and a Proven track record in managing contracts worth over $60 million, optimizing financial, also Mr. Khalid has Adept at risk management, business process improvement, and cost reduction strategies.
During his professional career, Mr. Khalid held a number of senior positions and board memberships in various companies, including the Dkhoun National Company, Frontiera Real Estate, Petcoplus, United Kingdom, Galaxy Accountancy Services, United Kingdom and Al-Moaasher Investment & Development. Mr. Khalid holds a bachelor’s degree in education, King Saud University, and master’s in international business management, Middlesex University, United Kingdom. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-12-17 Corresponding to 1447-06-26 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
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