Canadian Medical Center OKs transfer of SAR 6.8M statutory reserve to retained earnings

25/06/2024 Argaam
Logo ofCanadian Medical Center Co.

Logo of Canadian Medical Center Co.

Shareholders of Canadian Medical Center Co. (CMCER) approved transferring SAR 6.76 million statutory reserve as of Dec. 31, 2023, to the retained earnings balance, during the extraordinary general meeting (EGM) held on June 24.

 

The board was also authorized to distribute interim dividends on a semi-annual or quarterly basis for 2024, CMCER said in a statement to Tadawul.

 

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