Aljouf Mineral Water Approves SAR 234,000 Auditor Fees

HILWA

HILWA

9532.SA

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On July 1, 2026, Aljouf Mineral Water Bottling Co. announced the results of its Ordinary General Assembly Meeting held on June 30, 2026, at 19:10 via modern technology from Riyadh headquarters, with 37.40% shareholder attendance. The meeting approved key resolutions including the financial statements and Board of Directors' report for fiscal year ending December 31, 2025, discharged the Board from liability, and appointed Al-Zouman, Al-Fahad & Al-Hajjaj Professional Consulting Company as auditors for 2026 with fees of SAR 234,000 excluding VAT. Additionally, shareholders approved business transactions between the company and Chairman Mr. Ashri Saad Al-Ashri valued at SAR 17,720,169 (interest-free financing payable on demand), with an outstanding credit balance of SAR 29,676,000 owed to him for 2025.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96575&anCat=1&cs=9532&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important 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.