On May 10, 2026, Almasane Alkobra Mining Company (AMAK) announced the results of its Ordinary General Assembly Meeting held on May 7, 2026, at 6:30 PM via the Tadawulaty system from the company's Najran headquarters, with 64.80% shareholder attendance. The assembly approved key resolutions including the appointment of Ernst & Young as external auditor for 2026-2027 with fees of SAR 567,900, annual board remuneration of SAR 6,000,000 for fiscal year 2025, and authorization for the board to distribute interim dividends on a semi-annual or quarterly basis for 2026. Additionally, shareholders approved related party transactions with Najran Water Ltd. Co. for water supply services in 2026, noting that 2025 transactions with this entity amounted to SAR 97,979.

Original announcement:

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