TAM board proposes transfer of statutory reserve to retained earnings

27/03/2024 Argaam

TAM board proposes transfer of statutory reserve to retained earnings

Logo of TAM Development Co.


TAM Development Co.’s board of directors recommended today, March 27, transferring the company's entire statutory and other reserves to retained earnings.

 

The statutory reserve amounts to SAR 6.32 million, and other reserves total SAR 3.08 million, according to a statement on Tadawul.

 

The board took the decision today, March 27, the statement added.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read