| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website | 2026-06-28 Corresponding to 1448-01-13 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Voting results of the General Assembly's agenda: 5. Approval of the appointment of PricewaterhouseCoopers (PwC) as the External Auditors for the Company from among the candidates based on the Audit Committee recommendation, the appointed auditor shall examine, review and audit the second, third quarter and annual financial statements of the fiscal year 2026, and the first quarter of the fiscal year 2027, and determine |
| Correct Statement | Voting results of the General Assembly's agenda: 5. Approval of the appointment of PricewaterhouseCoopers (PwC) as the External Auditors for the Company from among the candidates based on the Audit Committee recommendation, the appointed auditor shall examine, review and audit the second, third quarter and annual financial statements of the fiscal year 2026, and the first quarter of the fiscal year 2027, and determine his fees at SAR (2,950,000) excluded value added tax. |
| Attached Documents | Attached Documents |
Correction announcement from Flynas Co. in regard to the results of the Extraordinary General Assembly Meeting (first meeting)
AI Summary
- Flynas shareholders approved the financial statements, board report, and auditor's report for the fiscal year ending December 31, 2025, during the Extraordinary General Assembly held on June 25, 2026.
- The assembly approved the transfer of SAR 43,500,959 from statutory reserves to retained earnings and appointed PwC as external auditors for the 2026 fiscal year and Q1 2027 for a fee of SAR 2,950,000.
- Shareholders approved a total board remuneration of SAR 2,870,000 for FY 2025 and released board members from liability for the same period.
- Multiple related-party transactions were ratified, including a Murabaha facility with Bank Saudi Fransi totaling SAR 1.01 billion and IPO-related fees to BSF Capital amounting to SAR 45.3 million.
Attachments
