On July 1, 2026, Jazan Development and Investment Co. announced the results of its Ordinary General Assembly Meeting (Second Meeting) held on June 30, 2026, at 19:30 from the company's headquarters in Jazan using modern technology, with 16.52% shareholder attendance. The assembly approved several key resolutions including the appointment of Alzoman, Alfahad & Alhajjaj professional services as auditor for 2026-2027 with fees of 550,000 SAR excluding VAT, and a bonus of 700,000 Saudi Riyals for Board of Directors members for fiscal year 2025. Additional approvals included related party transactions with National Aquaculture Group (NAQUA) totaling SAR 358,408 during 2025, and delegation of ordinary general assembly authority to the board of directors for one year as per Companies Law Article 27.

Original announcement:

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