Riyadh Valley Company Holds Sixth Ordinary General Assembly Meeting

24 Jan 2017

 

The sixth ordinary general assembly meeting took place in the Honors Hall at King Saud University in the presence of his excellency the rector of the University and chairman of the board of the company, Dr. Badran Al Omar. During the meeting, the board’s report was approved. In addition to the auditor’s report, and the financial statements for the fiscal year ending 31/12/2015. As well as, reviewing the company portfolio, which includes local and global investments. In addition, a briefed was given to the members of the General Assembly about “The University Boulevard” project with partnership with the private sector (BOT) contract. Where the project will be on the road of Prince Turki bin Abdul Aziz as it has been, designed to interface a civilized city such is Riyadh. The project will provide a unique experience for the students and the people through open spaces and walkway along with 900 m within shopping and entertainment areas, as the total area of the project is 121.440 meters. As well as, briefed the General Assembly regard the development project of the residential land that located on the road of Prince Abdulaziz bin Thunayan by a partnership with a private sector (BOT) contract, as the total area of the project is 141.560 square meters. At the end of the meeting, his excellency the rector of the University and chairman of the board of the company thanked the members of the general assembly for attending the meeting.

Picture of the meeting:

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