On May 6, 2026, Alwasail Industrial Co. announced the results of its 13th Extraordinary General Assembly meeting held on May 5, 2026, with 73.52% shareholder attendance. The assembly approved cash dividends of SAR 18,750,000 (SAR 0.075 per share, representing 7.5% of par value) for fiscal year 2025, and authorized the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for 2026. Key approvals included appointing Maham Professional Consulting Office as auditor for SAR 485,000, paying SAR 900,000 as Board bonuses for 2025, and amendments to the company's Articles of Association regarding objectives and profit distribution. The meeting also approved various related-party transactions totaling over SAR 13.6 million, including contracts with Construction Means Company Limited and Thaqib Plastics Company.

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