Northern Region Cement Approves RSM Auditor Appointment

NORTHERN CEMENT

NORTHERN CEMENT

3004.SA

0.00

Northern Region Cement Co. announced on June 4, 2026 the results of its Ordinary General Assembly meeting (second meeting) held on June 3, 2026 at 19:30 via modern technology from the company's headquarters in Turaif, with 17.6% shareholder attendance. The assembly approved the appointment of RSM as the company's auditor for quarters two, three, and annual 2026, plus first quarter 2027, with fees of 690,000 Saudi Riyals excluding VAT. Key approvals included authorizing the Board of Directors to distribute interim dividends to shareholders on a quarterly or midterm basis for fiscal year 2026, and delegating powers stipulated in Article 27 of the Companies Law to the Board for one year from the approval date.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95823&anCat=1&cs=3004&locale=ar

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.