SASCO shareholders to vote on authorizing board to pay interim dividends on May 30

25/04/2023 Argaam
SASCO service station

SASCO service station

Saudi Automotive Services Co. (SASCO) shareholders are set to authorize the board of directors to distribute interim dividends on semi-annual or quarterly basis for 2023, during the extraordinary general meeting (EGM) scheduled for May 30. 

 

They will also vote on amending bylaws, as well as policies and regulations of the board committees.

 

In addition, they will discuss other agenda items, including business with related parties. 

 

E-voting will be available to shareholders from May 26 through Tadawulaty’s website.

 

According to the data available on Argaam, the company distributed a cash dividend of SAR 60 million, or SAR 1 per share, for the first nine months of 2022.

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