Riyadh – Mubasher: Thimar Development Holding Company has appointed Sulaiman bin Naser Al Hatlan as the board’s Chairman for four years, according to a bourse filing.
Mohammad bin Saleiman Aleisa was named as the Vice Chairman following the board’s approval.
The two officials took over the new roles on 14 May 2026 until 13 May 2030.
In the first quarter (Q1) of 2026, the company suffered 22.04% year-on-year (YoY) lower net losses at SAR 3.45 million, compared to SAR 4.42 million.
The loss per share hit SAR 0.53 in the January-March 2026 period, compared to SAR 0.68 in Q1-25.
