Baan Group Calls Extraordinary Meeting for June 28
BAAN 1820.SA | 0.00 |
On June 7, 2026, Baan Group Holding Company announced an Extraordinary General Assembly Meeting scheduled for June 28, 2026, at 7:50 PM at the company's headquarters in Al-Murooj District, Riyadh, with attendance available both in-person and through modern technology via the Tadawulaty platform. The meeting agenda includes reviewing financial statements for the year ended December 31, 2025, voting on SAR 1,505,000 in board remuneration, and approving the transfer of funds from share premium to offset accumulated losses of SAR 263,644,000. Key agenda items also include voting on related-party transactions with Abdulmohsen Al Hokair Holding Group totaling SAR 43,663,036 for lease agreements and SAR 3,672,270 for service agreements, along with authorizing the Board of Directors with certain powers under the Companies Law.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95907&anCat=1&cs=1820&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-37-51_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-32-36_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-32-51_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-32-55_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-35-08_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/28593_604_2026-06-07_16-35-23_en.pdfImportant 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.