On June 22, 2026, Meyar Co. announced the results of its Ordinary General Assembly meeting held on June 21, 2026, at 7:00 PM via modern technology from the company's headquarters in Al Majma'ah, Saudi Arabia, with 66.02% shareholder attendance. The assembly approved multiple items including the board of directors' discharge from liability for fiscal year 2025, a SAR 475,000 bonus payment to the board, and auditor appointment with fees set at SAR 345,000. Several related-party transactions totaling over SAR 27 million were approved, including deals with Radam Company Limited (SAR 19,577,848), Abdul Rahman Nasser Al-Turki Trading and Contracting Establishment (SAR 2,733,267), and other affiliated entities involving board members with indirect interests.

Original announcement:

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