Batic Investments and Logistics Co. announced on June 15, 2026 the results of its Ordinary General Assembly meeting (Second Meeting) held on June 14, 2026 at 8:45 PM through modern technology from the company's Riyadh headquarters. The meeting achieved a 25.5% shareholder attendance rate after the first meeting lacked quorum with only 23.2% attendance. Key approvals included the 2025 financial statements and board reports, appointment of Ernst & Young as external auditor for 2026-2027 with fees of SAR 1,855,000 excluding VAT, and authorization of the Board of Directors with Ordinary General Assembly powers for one year. All eight board members attended the meeting along with committee chairmen.

Original announcement:

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