On June 16, 2026, Arab Sea Information Systems Company announced the results of its Ordinary General Assembly (Second Meeting) held on June 15, 2025, at 20:45 PM via modern technology from the company's headquarters in Riyadh. The meeting achieved a 16.58% shareholder attendance rate and resulted in mixed voting outcomes, including approval of the auditor's report for fiscal year 2025 and appointment of RSM United Accountants Professional Consulting as auditor for specified periods in 2026-2027 with fees of SAR 630,000. However, shareholders disapproved the discharge of Board of Directors from liability and rejected SAR 756,507 in proposed Board remuneration for the fiscal year ending December 31, 2025.

Original announcement:

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