AI Summary
- Shareholders approved a 100% capital increase from SAR 10 million to SAR 20 million through the issuance of one bonus share for every one share held.
- The capital increase will be funded by capitalizing SAR 10 million from the share premium account, with eligibility for shareholders registered by the end of the second trading day following the June 17, 2026, meeting.
- Sultan Ahmed Al-Shalabi & Co. was appointed as the external auditor for the 2026 interim and annual financial statements for a total fee of SAR 155,000.
- The assembly approved extensive amendments to the Company's Articles of Association, including updates to objectives, management, and board powers, alongside the discharge of board members for the 2025 financial year.
Full text is available on the exchange website.