On March 29, 2026, Keir International Co. announced the results of its Extraordinary General Assembly Meeting held on March 26, 2026, at 18:30 via modern technology from the company's Riyadh headquarters, with 72.34133% shareholder attendance. The meeting approved multiple agenda items including the Board of Directors' report and financial statements for fiscal year ending December 31, 2024, appointment of Al-Luhaidan & Al-Yahya Certified Public Accountants as external auditor for 2025, and payment of SAR 353,500 in Board remuneration. Key financial decisions included approval to transfer statutory reserve balance of SAR 13,573,347.00 and share premium balance of SAR 41,770,250.00 to accumulated losses account, along with the Board's recommendation to continue operations despite losses exceeding half of the company's capital per Article 132 of the Companies Law.

Original announcement:

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