CERTIFICATIONS & AWARDS

SAUDI CABLE COMPANY ANNOUNCES THE OPENING OF NOMINATIONS FOR MEMBERSHIP OF THE BOARD OF DIRECTORS FOR THE NEXT TERM

Saudi Cable Company (SCC) is pleased to announce to the respectful shareholders the opening of nomination for Board of Directors membership. Qualified candidate must satisfy below conditions. The Board of Directors membership term will start from the date of issuing the Ordinary General Assembly Resolution by electing the Board members and for a period of three years; interested applicants of Saudi Cable Company’s shareholders shall submit their nomination application to the Companys management and the application shall be addressed to the Companys Nominations and Remuneration Committee within the period starting from Tuesday 02 Zul Qaedae 1438H corresponding to July 25, 2017 and no more than the end of the business day of Thursday 02 Zul Hijjah 1438H corresponding to August 24, 2017.

And based on Saudi Cable Companys Board of Directors, its senior directors and all employees keenness to comply with the applicable laws and regulations of the Capital Market Authority and the Ministry of Commerce and in commitment of the Company with the code of ethics and Governance policies and in maintenance of the shareholders investment rights, the Company has decided to set the following standards for the nomination of the Board membership :

1. A written notification of the nominee declaring his desire of the nomination for the membership of the Board of Directors including a profile of the nominee and a resume of the nominee containing previous qualifications and work expertise in the Company field of business and his current work attaching all supporting documents thereof.
2. The nominee must have shown a conduct indicating his commitment with the highest related code of ethics and values.
3. The nominee must have a vast experience in corporate business or government or non-profitable organizations or have a professional expertise showing that the nominee is capable to provide significant or instant contribution in the Board discussions and in taking decisions.
4. The nominee must have special skills and expertise that shall add or complete the set of expertise and skills available in other Board Directors.
5. The nominee must effectively, continuously and appropriately handle considering and balancing the legal interests and the affairs of other parties of interest upon reaching decisions.
6. The nominee must have the required capability to provide suggestions on the matters to be listed in the Assemblies and Board of Directors agenda.
7. The nominee must be aware of the Companies laws to ensure the continuation of the Companys profitability improvement and the rate or the value of its shares.
8. The nominee must have the capability to contribute in approving the main strategies and goals of the Company and in supervising the implementation thereof.
9. The nominee must be aware of manufacturing, preferably electrical products, in order to monitor the operational and financial conditions of the Company.
10. The nominee must not be engaged in activity or activities that may have conflict of interests with his position as the Board Director of the Company.
11. The nominee must have capability to perform his tasks as the Board Director and must allocate adequate time to perform these tasks.
12. The nominee must attach a copy of ID, family card and means of contact.
13. Fill Ifsah (Disclosure) form No. (3) issued by CMA and attach it with the nomination application including a list of the companies or firms in which management or ownership the nominee is engaged and which is practicing works similar to the Companys or which have contracts or interests with the Company, taking into consideration the requirements of Companies Governance regulation in relation to the conflict of interests. Form can be obtained by visiting CMA website: cma.org.sa

Noting that the Nominations and Remuneration Committee will consider, upon preference between the nominees, the variety of scientific qualifications and work expertise of the nominee and will give priority in nomination to the persons with the appropriate skills that shall be available in the Board Director. The voting in the General Assembly will be limited to the nominees satisfying the aforesaid conditions and requirements. The Nominations and Remuneration Committee will not consider any incomplete application. The time for convening the next General Assembly meeting will be announced later after having the approval of the concerned parties.

The nomination application, its attachments and the Capital Market Authority (CMA) form shall be sent to the following address:

Saudi Cable Company

The Nominations and Remuneration Committee – Shareholders Department

1. O. Box 4403, Jeddah 21491

Email: msheheween@saudicable.com

Tel: 012-6087220, Fax: 012-6370023

We were fortunate today to host our prestigious client Sabic into our factory. The visit which was accompanied by contractors Wison and distributors Rexel.

The factory visit was an announcing success where the mentioned clients checked on their cable products before delivery and all were proud of the quality delivered.

This visit, like many previous visits marks our solid and long lasting relationship with Sabic and our main contractors and distributors.

We would like to deeply thank them all for their visit.

We had the great privilege of hosting a VIP visit by the Sudanese State Minister of Electricity & Dams, Dr. Tabita Boutros.

The purpose was to introduce our company’s heritage and establish a business friendship with Dr. Tabita Boutros and with our neighboring country Sudan.

We are thankful for the visit of Dr. Tabita Boutros and the trust provided by the team to establish a solid mutual business friendship.

We had the great pleasure of welcoming our VIP client; Saudi Electricity Company to our factory today.

The purpose of this visit was to examine our quality and capability of Medium Voltage cables for a private project taking place in the Kingdom.

Our history with SEC is one that stretches to decades and our commitment to always provide our clients with exceptional services.

We have conducted a successful technical seminar with the engineers of Saudi Electrical Company on Thursday March 30, 2017. The total attendance was 32 engineers and the engagement was high and interactive as engineers from different divisions of SEC participated with their questions.

The topics covered were the essentials of cable design and manufacturing process. Important topics also covered were the proper testing procedures, how to possibly spot any defects in cables and staying up to date with the latest cable trends and technology.

We prolong our thanks to ,SEC for this remarkable initiative and also thank them for giving us the opportunity to present the course in a dynamic manner.

Thank you SEC.

The Saudi-Jordanian Economic Forum was concluded on Tuesday, 28th March 2017. The forum was opened earlier in the day. The event took place in the presence of Minister of Trade and Investment Dr. Majid bin Abdullah Al Qasabi and Jordanian Minister of Industry, Trade and Supply Eng. Yarob Al-Qudah, The two ministers delivered statements highlighting Saudi-Jordanian relations.

Our participation was a great success as we assured all the attending parties that we are committed to our fullest to make sure all infrastructure projects are completed with our great commitment.

Organized by the Saudi-Jordanian Coordination Council on the sidelines of King Salman’s visit to Jordan, the forum seeks to increase business ties between the two countries. The Saudi-Jordanian Coordination Council was established in 2016 with the aim of exploring investment opportunities the two countries can offer each other and that can bring added value to their economies.

 

 

We invite you to visit the management team at the largest energy and energy exhibition in Dubai (Middle East Electricity) from 14 to 16 February 2017

Our management team will be happy to answer any of your questions in person.

Hope to see you there

We had the prestigious honor of being invited by the President of Eritrea, Isaias Afwerki, to develop business development opportunities.

The invitation was participated by Saudi Cable Company and Hidada, sister company under Xenel Group.

The visit was a resounding success as President Isaias Afwerki, outlined the countries active and future projects in the energy and water sectors.

The 118,000 squared kilometer country is on the brink of developing great infrastructure projects that will enhance the utilities and services offered to the people of Eritrea.

Saudi Cable Company and Hidada had the pleasure of accepting the invitation and will work with great commitment to gain a long term relationship with the President and the country.

SCC team meeting with the Minister of Telecommunications and Information Technology in Jordan to introduce SCC products and services for future opportunities in Jordan such as FTTH (Fibre To The Home).