Basic Chemical Industries Approves SAR 2.3M Board Remuneration

BCI

BCI

1210.SA

0.00

Basic Chemical Industries Co. announced on May 21, 2026 the results of its Ordinary General Assembly meeting held on May 20, 2026 at 19:30 through modern technology means at the company's headquarters in Dammam, with 51.25% shareholder attendance. The assembly approved several key resolutions including the Board of Directors' report and auditor's report for fiscal year ended December 31, 2025, payment of SAR 2,294,000 in Board remuneration, and authorization for the Board to distribute interim dividends for fiscal year 2026. Additionally, shareholders approved the appointment of PKF as external auditors for specified periods in 2026-2027 for a total fee of SAR 725,000.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95596&anCat=1&cs=1210&locale=ar

Important 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.