Al-Jouf Agricultural Approves SAR 2.5M Board Remuneration
ALJOUF 6070.SA | 0.00 |
Al-Jouf Agricultural Development Co. announced on June 10, 2026 the results of its 40th Ordinary General Assembly meeting held remotely on June 9, 2026 at 6:30 PM with 28.79% shareholder attendance. The assembly approved the appointment of Baker Tilly Professional Services as external auditor for fiscal year 2026 and Q1 2027 for SAR 450,000 excluding VAT, and authorized SAR 2,500,000 in remuneration for Board members for fiscal year 2025. Key approvals included authorization for the Board to distribute interim dividends quarterly or semi-annually for 2026, and ratification of related-party transactions totaling SAR 30,536,029 with Abdullah Al-Othaim Markets Company, National Company for Biscuit and Confectionery Manufacturing Ltd., and National Glass Industries Company.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96000&anCat=1&cs=6070&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
