Al Hammadi shareholders approve SAR 67.4M statutory reserve transfer

01/07/2024 Argaam

Al Hammadi shareholders approve SAR 67.4M statutory reserve transfer

A hospital of Al Hammadi Holding Co.

Al Hammadi Holding shareholders approved transferring the statutory reserve amounting to SAR 67.36 million as in the financial statements for 2023 to the general reserve balance, during the extraordinary general meeting (EGM) held on June 30, according to a statement to Tadawul.

 

They further authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2024, the statement added.

 

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