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KING ABDULLAH CHAIRS CABINET'S SESSION 4 JEDDAH


DR. ADNAN BIN MOHAMMED WIZZAN.
2- ENG. ABDULLAH BIN ABDULRAHMAN AL-MIQBEL
3- DR. SAAD BIN ABDULAZIZ AL-RASHED
4- ENG. MOHAMMED BIN ABDULKAREEM BAKR
5- TAHA BIN ABDULLAH AL-GHUWAIZ
6- ABDULLAH BIN ABDUL-MOHSEN AL-BAZ'AEI
7- DR. SAADOON BIN SAAD AL-SAADOON.
THE CABINET ALSO AGREED TO AMEND ARTICLE 158 OF THE COMPANIES SYSTEM TO READ
AS FOLLOWS:
"THE CAPITAL OF THE COMPANY OF LIMITED LIABILITY IS DETERMINED BY THE
COMPANY'S CONSTITUENT PARTNERS". THIS PHRASE REPLACES THE EARLIER WHICH
READS: "THE CAPITAL OF THE COMPANY OF LIMITED LIABILITY WILL BE NO LESS THAN
SR500,000". ARTICLE 180 WILL READ AS FOLLOWS: "IF THE LOSSES OF THE COMPANY
OF A LIMITED LIABILITY AMOUNTED TO 50 % OF ITS CAPITAL". THIS PHRASE
REPLACES THE EARLIER STATEMENT WHICH READS:
"IF THE LOSSES OF THE COMPANY OF LIMITED LIABILITY REACHED THREE QUARTERS OF
ITS CAPITAL".
THE CABINET APPROVED THE APPOINTMENT OF AHMED BIN ABDULRAHMAN
AL-ABDUL-A'ALEE AS MEMBER OF THE COOPERATIVE HEALTH INSURANCE COUNCIL AS
REPRESENTATIVE OF THE MINISTRY OF COMMERCE AND INDUSTRY TO COMPLETE THE
THREE YEAR TERM PRESCRIBED IN THE CABINET'S DECISION NO. 266 DATED
16/10/1425 H., REPLACING MANSOUR BIN SULEIMAN AL-SULEIMAN.
THE CABINET APPROVED THE APPOINTMENT OF IBRAHIM BIN ABDULLAH BIN IBRAHIM
AL-DOWAISH AS ASSISTANT SECRETARY GENERAL OF THE SUPREME JUDICIARY COUNCIL
AT THE MINISTRY OF JUSTICE AND JAMAL BIN NASSER BIN IBRAHIM AL-KHOLAIF AS
DIRECTOR GENERAL OF THE OFFICE OF THE MINISTER OF AGRICULTURE.


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