Logo ofSaudi Industrial Export Co. (Sadirat)
Saudi Industrial Export Co.’s (Sadirat) board of directors, decided, on Nov. 16, not to file a liability lawsuit against the former board of directors (for the eighth term), according to a statement to Tadawul. 
This came after consulting the company’s legal counsel, and based on the opinion of the legal advisor and what was stated therein.
On Sept. 30,Sadiratsaid the court issued a preliminary ruling declaring lack of jurisdiction in the lawsuit against the company’s former chairman, board members, and executive management, data compiled by Argaam showed.
Logo ofSaudi Industrial Export Co. (Sadirat)
Saudi Industrial Export Co.’s (Sadirat) board of directors, decided, on Nov. 16, not to file a liability lawsuit against the former board of directors (for the eighth term), according to a statement to Tadawul.
This came after consulting the company’s legal counsel, and based on the opinion of the legal advisor and what was stated therein.
On Sept. 30,Sadiratsaid the court issued a preliminary ruling declaring lack of jurisdiction in the lawsuit against the company’s former chairman, board members, and executive management, data compiled by Argaam showed.
