ASharqiyah Development Approves SAR 1M Board Remuneration

SHARQIYAH DEV

SHARQIYAH DEV

6060.SA

0.00

ASharqiyah Development Company announced on July 1, 2026 the results of its Ordinary General Assembly Meeting held on June 30, 2026 at 19:45 in Riyadh via modern technical means. The second meeting proceeded after the first meeting lacked quorum, with 18.19626% shareholder attendance. Key approvals included the selection of Professional Consultants Company as external auditor for specified quarters of fiscal years 2026-2027 with fees of 600,000 Saudi Riyals, and the disbursement of 1,000,000 Saudi Riyals as remuneration for Board of Directors members for the fiscal year ending December 31, 2025.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96545&anCat=1&cs=6060&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.

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