2 sources • 3 verified points
Al-Fakhariya Suspends Payment of Board and Committee Dues and Managing Director's Salary
The board of directors of Saudi Pipes Manufacturing Company (Al-Fakhariya) has decided to suspend the payment of dues to board and committee members for the fiscal years 2025 and 2026. The decision also includes suspending the payment of the managing director's salary, according to the company's announcement on the Saudi Exchange (Tadawul) website.
AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works
- The decision covers board and committee member dues for the fiscal years 2025 and 2026.
«تعليق صرف مستحقات أعضاء مجلس الإدارة واللجان عن العامين المالييّن 2025 و2026»
Saudi Exchange • ارقام - In addition to the dues, the decision includes suspending the payment of the managing director's salary.
«إضافة إلى تعليق صرف راتب العضو المنتدب، وذلك وفق الإعلان المنشور.»
Saudi Exchange - Argaam's website described the suspension as temporary.
«علّقت شركة الفخارية صرف مستحقات مجلس الإدارة واللجان عن عامي 2025 و2026، وراتب العضو المنتدب مؤقتًا.»
ارقام
SourcesارقامSaudi Exchange
Follow this development in Iyan
Iyan — See it for yourself. What changed in your world today, why it matters, and how we know.
How it works • Privacy • Terms