DHAHRAN, Saudi Arabia, April 14, 2026 /PRNewswire/ -- Aramco Stadium Company, a subsidiary of Aramco, today announced its official launch and the appointment of its inaugural Board of Directors and Chief Executive Officer. The appointments mark a key milestone in activating the company and delivering one of the Kingdom's most important sports and entertainment development projects, aligning with Saudi Arabia's Vision 2030 and contributing to its hosting of the 2034 FIFA World Cup.
Fahad Al Dhubaib has been appointed Chairman of the Board of Directors of Aramco Stadium Company, and Mohammed Al Thomairi has been appointed Vice Chairman of the Board. Abdulrahman Alqudaib, Bader Alreziza, Nader Ashoor, Jefferson Slack, and James Bisgrove have also been appointed as Board members. In addition, Matthew Kittle has been named CEO. The board members and executive leadership possess extensive experience and skills in global sports and entertainment development, the management of major facilities and events, and commercial development and financial sustainability.
Located in Al-Khobar, Aramco Stadium is set to open this year with a capacity of 47,000 seats, and it will serve as the home ground for Al-Qadsiah Football Club. The stadium is part of an integrated complex spanning 800,000 square meters designed to welcome local residents and visitors from around the world throughout the year. The stadium is also intended to host international competitions, including the AFC Asian Cup 2027 and the FIFA World Cup 2034, as well as other entertainment events, further strengthening its role in the evolving sports and entertainment landscape of the Kingdom.
Aramco Stadium Company Contact Information
https://www.aramcostadium.com/en
Media Contacts:
Aramco Stadium Public Relations Team
pr@aramcostadium.com
About Aramco Stadium
Aramco Stadium is a state-of-the-art, multi-purpose sports and entertainment venue in Saudi Arabia's Eastern Province, set within an 800,000+ square meter campus designed as a year-round destination. Built to international tournament standards, the fully air-conditioned stadium is intended to host matches during the 2027 AFC Asian Cup and the 2034 FIFA World Cup, underscoring its leadership within the Kingdom's expanding global sports portfolio and its alignment with Saudi Vision 2030. Home to Al-Qadsiah FC, Aramco Stadium integrates advanced venue technology and premium hospitality to deliver world-class experiences while anchoring a fence-free campus featuring restaurants, nearly 130,000 square meters of public park space, sports courts, playgrounds, and community programming, establishing a vibrant 365-day destination for residents and international visitors alike.
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Aramco Stadium Company announces executive leadership appointments
GWACHEON, South Korea, June 9, 2026 /PRNewswire/ -- Park Systems Corp. (KOSDAQ: 140860), a global leader in atomic force microscopy (AFM) and nanometrology, today announced the successful completion of a KRW 100 billion (approximately USD 72 million) strategic financing through the issuance of perpetual bonds with warrants, with Kiwoom Securities and Dominus Investment Management each subscribing KRW 50 billion. The proceeds will support the company's production capacity expansion and broader strategic initiatives as demand for precision nanometrology continues to grow across the semiconductor and advanced materials industries.
The bonds were issued at par with 0% interest for the first three years, followed by a step-up interest structure. Warrants are exercisable from June 8, 2027 to May 8, 2056 at KRW 267,747 per share, and Park Systems retains a call option to repurchase up to 20% of the bonds at par between June 2027 and June 2029.
"This financing reflects the company's commitment to scaling its manufacturing infrastructure in alignment with increasing market demand," said Karen Cho, Senior Executive Vice President at Park Systems. "As semiconductor process nodes shrink and advanced packaging architectures grow more complex, the need for sub-nanometer surface metrology has become critical across front-end and back-end semiconductor manufacturing. We believe this investment will strengthen our ability to meet growing customer demand and better serve customers worldwide."
Park Systems serves leading global chipmakers and research institutions across more than 30 countries. Building on this momentum, Park Systems reported consolidated revenue of KRW 205.6 billion in 2025. With a diversified customer base that includes major semiconductor manufacturers and a growing installed base in academic and industrial research, the company is well-positioned to capitalize on the continued expansion of nanotechnology applications worldwide.
About Park Systems
Park Systems is a global leader in nanometrology, providing advanced measurement solutions for both research and industrial applications. Founded by Dr. Sang-il Park, a contributor to the invention of atomic force microscopy (AFM) at Stanford University, the company has grown through continuous innovation and strategic acquisitions to become a leading force in the global nanometrology industry. Park Systems' technology portfolio includes AFM, white light interferometry (WLI), digital holographic microscopy (DHM), imaging spectroscopic ellipsometry (ISE), active vibration isolation systems, and solid metal probes. With regional offices across the Americas, Europe, and Asia, Park Systems supports customers in semiconductor manufacturing, materials science, and nanotechnology research.
For more information, visit www.parksystems.com
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Park Systems Secures KRW 100 Billion in Strategic Financing to Expand Production Capacity and Accelerate Global Growth
