Lazurde Postpones EGM After 14.66% Attendance Falls Short

LAZURDE

LAZURDE

4011.SA

0.00

On May 31, 2026, Lazurde Company for Jewelry announced the non-convening of its Extraordinary General Assembly's first and second meetings that were scheduled for May 21, 2026 at 6:30pm and 7:30pm respectively via virtual platform. Both meetings failed to achieve the required legal quorum with only 14.65638% shareholder attendance for each session. The company will schedule a third meeting after obtaining regulatory approval, which will proceed regardless of attendance numbers.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95667&anCat=1&cs=4011&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.

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.

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