Group Five Pipe Saudi’s independent director resigns

Riyadh – Mubasher: Group Five Pipe Saudi Company announced the resignation of independent director Salah bin Abdulrahman Al Huzami from its board of directors and the audit committee.

The resignation is effective as of 1 October 2026.

Al Huzami, who joined the board on 11 February, also vacated his seat on the audit committee, a position he had held concurrently with his board membership.

According to the regulatory filing, the departure is attributed to personal circumstances.

The company did not immediately name a successor to fill the vacant independent seat or the audit committee seat.

Group Five Pipe Saudi is listed on the Saudi parallel market (Nomu).

In September, the listed company signed a SAR 270.58 million contract with Saudi Aramco to manufacture and supply spiral-welded steel pipes.

Mubasher Contribution Time: 04-Oct-2026 05:15 (GMT)
Mubasher Last Update Time: 04-Oct-2026 05:15 (GMT)