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    8012   SA13AG53T618

ALJAZIRA TAKAFUL TAAWUNI COMPANY

(8012)
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Aljazira Takaful Taawuni Co. Announces Appointment of a Board Members

05/31/2021 | 01:59pm EDT

Aljazira Takaful Taawuni Company receiving the Saudi Central Bank (SAMA) No Objection Letter on the appointment of the below Board of Directors to occupy the board vacant seats in completion of its board session ending on 01-07-2022 AD according to Board Resolution by circulation No. (10.03.2021) dated on 20-04-2021 AD to appoint the following:1- Mr. Abdulelah Ibrahim Al Qassimi (Non-executive member)2- Mr. Ashraf Adnan Bseiso (Non-executive member)3- Mr. Nayif Mesnad Al-Mesnad (Non-executive member)4- Mr. Ibrahim Mohamed Al-Hurabi (Independent member),This Board membership starts from 30-05-2021 AD. The Board's approval will not be considered final till this appointment is submitted to the next shareholders General Assembly meeting for ratification.


ę S&P Capital IQ 2021
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Financials
Sales 2020 95,1 M 25,4 M 25,4 M
Net income 2020 38,8 M 10,3 M 10,3 M
Net cash 2020 106 M 28,3 M 28,3 M
P/E ratio 2020 22,8x
Yield 2020 -
Capitalization 1 332 M 355 M 355 M
EV / Sales 2019 10,5x
EV / Sales 2020 8,20x
Nbr of Employees 108
Free-Float 70,7%
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Managers and Directors
Sager Abdul Latif Nadershah Chief Executive Officer, Executive Director & MD
Ali Akbar Shaikh Chief Financial Officer
Abdul Majeed bin Ibrahim Al-Sultan Chairman
Ahmed Hussain Sharif Senior Manager-Information Technology
Hatem Francis Ayyad Vice President-Operations
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