Alkhaleej Training shareholders OK transfer of SAR 83M statutory reserve to retained earnings

13/03/2024 ِArgaam
Logo of Alkhaleej Training and Education Co.

Logo of Alkhaleej Training and Education Co.

Shareholders of Alkhaleej Training and Education Co. approved transferring the entire statutory reserve to retained earnings during the ordinary general meeting (OGM) held on March 12.

 

The statutory reserve stood at SAR 83.04 million as of Dec. 31, 2022, the company said in a statement to Tadawul.

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