On June 23, 2026, Morabaha Marina Financing Co. announced the results of its Ordinary General Assembly Meeting held on June 22, 2026, at 19:45 at the company's Riyadh headquarters with 46.47% shareholder attendance. The meeting approved key resolutions including the Board of Directors' and External Auditor's reports for the financial year ended December 31, 2025, consolidated financial statements review, and discharge of Board members from liability for 2025. Shareholders appointed PricewaterhouseCoopers Professional Services Company (PwC) as external auditor for Q2-Q3 2026, annual 2026 statements, and Q1 2027, with fees set at SAR 1,200,000 excluding VAT.

Original announcement:

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