Since its inception, the Saudi Paper Manufacturing Company has been keen on the necessity of adhering to the application of sound corporate governance rules in order to establish a balanced structure based on effective and wise management to ensure the achievement of the company’s objectives that are in the interest of the shareholders and stakeholders associated with the company. The Board of Directors has adhered to the principles of governance, which included the application of best practices that would contribute to promoting the growth, success and development of the company’s business and activities, Here, the importance of adhering to the principles and concepts of governance and the importance of adopting them in a manner that ensures transparency, responsibility and integrity in an appropriate manner in accordance with the requirements of the applicable regulations in line with the new corporate law and the instructions of the Capital Markets Authority related to corporate governance rules. From this point of view, the Corporate Governance Regulations included many requirements to reflect the implementation of effective corporate governance.
The Saudi Paper Manufacturing Company is a Saudi joint stock company that has been listed on the Saudi stock market since 2006. The number of the company’s issued shares is 45 million shares, and the paid-in capital is 337 million Saudi riyals. At Saudi Paper Manufacturing Company, we always strive to serve our shareholders, increase their share of stock, and help them grow with us.