On June 29, 2026, Balsm Alofoq Medical Co. announced the results of its Ordinary General Assembly meeting held on June 28, 2026, at 6:30 PM at the company's headquarters in Buraydah, Al-Qassim, with 78.74% shareholder attendance. The assembly approved the auditor's report and financial statements for the year ended December 31, 2025, and discharged the Board of Directors from liability for that period. Shareholders approved the appointment of RSM United Accountants for Professional Consultancy as the company's auditor for 2026 and interim statements through June 30, 2027, with fees of 170,000 Saudi Riyals. The meeting also authorized the Board of Directors to distribute interim dividends to shareholders on a semi-annual or quarterly basis for the financial year ending December 31, 2026.

Original announcement:

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