Al Seer Marine Supplies & Equipment Company P.J.S.C

Al Seer Marine Supplies and Equipment Company PJSC has released a review report and interim condensed consolidated financial information for the six-month period ending on June 30, 2024.

The General Assembly Meeting of Al Seer Marine Supplies & Equipment Company Pr.J.S.C was held on Monday, July 8, 2024, at 3:30 pm. The meeting allowed for both electronic (remote) and in-person attendance. Shareholders were able to register and vote electronically during the meeting. The assembly convened after achieving a quorum with shareholders representing 81.95% of the company's share capital. The topics on the agenda were discussed, and appropriate decisions were made. Attendees from the Board of Directors included Chairman Mr. Readh Faraj Ahmed Alkindi, Vice Chairman General Jasem Yousef Yaqoob Almansoori, Board Member Mr. Mohd Loay T A Abdelfattah, and Board Member & CEO Mr. Guy Neivens. Other board members were unable to attend due to prior commitments.

Al Seer Marine, a global maritime organization based in Abu Dhabi and a subsidiary of International Holding Company, has appointed Gunther Alvarado as Deputy CEO. Alvarado, who has over 20 years of experience in the maritime industry and has been with Al Seer Marine since 2013, will work closely with CEO Guy Neivens to oversee strategic initiatives and maximize the company's assets, which exceed AED 9.1 billion. Alvarado has previously held roles such as Head of Yacht Management & Marine Operations and COO. His leadership has been pivotal in expanding the company's commercial fleet and establishing it as a regional leader in superyacht operations and naval capabilities. CEO Guy Neivens praised Alvarado's contributions and expressed confidence in achieving greater success with him as Deputy CEO. Alvarado expressed his commitment to innovation, sustainable growth, and advancing green shipping and zero-emissions technology.

The text is an application form for candidacy to the Board of Al Seer Marine Supplies & Equipment Company PrJSC. It requests personal information including the full name, nationality, UAE ID number, and contact details of the applicant. The form inquires if the applicant has previously served as a board member, the nature of their directorship (executive, non-executive, or independent), and their current occupation. It also asks for a brief bio, academic credentials, and details of other companies or institutions where the applicant is working or holds a board position, including any concurrent roles that might compete with Al Seer Marine. Additionally, the form requires a list of commercial companies where the applicant is a partner or shareholder, along with the number of shares held. Applicants are asked to briefly describe their academic and professional background, the reasons for seeking a board position, and the specific skills or contributions they can bring to the company. The form concludes with a declaration of the accuracy of the provided information and requires the candidate's signature.