Najran Cement Approves RSM Auditor Appointment for 2026-2027

NAJRAN CEMENT

NAJRAN CEMENT

3002.SA

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Najran Cement Company announced on June 28, 2026 the results of its Ordinary General Assembly meeting (second meeting) held on June 25, 2026 at 7:30 PM via modern technology from the company's headquarters in Najran. The meeting proceeded with 22.3% shareholder attendance after the first meeting lacked quorum. Shareholders approved the appointment of RSM United Accountants Co. as external auditor for 475,000 Saudi riyals (excluding VAT) and authorized the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026, while rejecting the auditor's report for the financial year ended December 31, 2025 and declining to delegate certain powers to the Board of Directors.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96437&anCat=1&cs=3002&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.