Fad International Approves SAR 6M Cash Dividend Distribution

FAD

9589.SA

0.00

On June 17, 2026, Fad International Company announced the results of its Ordinary General Assembly Meeting held on June 16, 2026, in Jeddah with 85.87% shareholder attendance. The meeting approved key resolutions including the appointment of Ernst & Young Professional Services as auditor for SAR 588,336, distribution of SAR 6,000,000 in cash dividends (SAR 5 per share representing 50% of share capital) for fiscal year 2025 with payments commencing June 25, 2026, and SAR 913,120 in board member compensation. Additionally, shareholders approved related-party transactions with Femi Nine Bahrain valued at SAR 998,603 and Fad China Company involving SAR 3,210,846 in debit transactions during 2025.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96150&anCat=1&cs=9589&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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