Al-OFOK Educational Company announces the Board of Directors’ recommendation to transfer the statutory reserve balance to the retained earnings balance. | premargin

Al-OFOK Educational Company announces the Board of Directors’ recommendation to transfer the statutory reserve balance to the retained earnings balance.

TadawulSeptember 17, 2025View on exchange

Element List	Explanation
Announcement Detail	Al-OFOK Educational Company announces the recommendation of its Board of Directors dated 03/25/1447 AH corresponding to 09/17/2025 AD to the Extraordinary General Assembly to approve the transfer of the company’s statutory reserve balance, which amounted to (3,531,410) three million five hundred and thirty-one thousand four hundred and ten Saudi riyals as in the annual financial statements ending on 30/06/2025 AD, to the retained earnings balance.

Element List

Explanation

Announcement Detail

Al-OFOK Educational Company announces the recommendation of its Board of Directors dated 03/25/1447 AH corresponding to 09/17/2025 AD to the Extraordinary General Assembly to approve the transfer of the company’s statutory reserve balance, which amounted to (3,531,410) three million five hundred and thirty-one thousand four hundred and ten Saudi riyals as in the annual financial statements ending on 30/06/2025 AD, to the retained earnings balance.