Al Hammadi EGM to vote on transferring SAR 67.4M to retained earnings on June 30

06/06/2024 Argaam
Logo ofAl Hammadi Holding Co.

Logo of Al Hammadi Holding Co.

Al Hammadi Holding Co.'s shareholders will vote on transferring the statutory reserve of SAR 67.4 million, as per 2023 financial statements, to the retained earnings during the extraordinary general meeting (EGM) slated for June 30, according to a statement to Tadawul.

 

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Shareholders will also vote on authorizing the board of directors to distribute interim cash dividends on a semiannual or quarterly basis for 2024, the statement added.

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