Al Mawarid Approves SAR 2.11M Board Remuneration
ALMAWARID 1833.SA | 0.00 |
Al Mawarid Manpower Co. announced on May 12, 2026 the results of its Ordinary General Assembly meeting held on May 11, 2026 at 7:00 PM remotely from Riyadh headquarters, with 58.57% shareholder attendance. The assembly approved key resolutions including disbursing SAR 2,110,000 as board member rewards for fiscal year 2025, appointing BDO- Dr. Mohamed Al-Amri & Co. as auditors for a total fee of SAR 950,000, and authorizing the board to distribute interim dividends on a semi-annual/quarterly basis for fiscal year 2026. The meeting also approved related party transactions totaling SAR 237,430,942 with Al-Ayuni Investment and Contracting Company and SAR 173,188,782 with Limak Al Ayuni Consortium during 2025.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95286&anCat=1&cs=1833&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.
