Riyadh – Mubasher: Mohammed Hasan Al Naqool Sons Company appointed Majed Mohammed Hassan Al Subaie as the new Chairman of the board for the coming three years, according to a bourse filing.
Mohammad Hazaa Mohammad Al Mutairi and Turki Mohammad Hassan Al Subaie were announced as the Vice Chairman and Managing Director, respectively.
The three officials assumed their roles for a new board term that commenced on 15 December 2022 and will remain in position until 14 December 2025.
Earlier this month, Al Naqool secured a SAR 5.50 million loan from Al Amthal Financing Company in order to finance its working capital and support its current projects.
