Rawasi Albina AGM Held With Auditor Appointment Declined
RAWASI 9547.SA | 0.00 |
Rawasi Albina Investment Co. announced the results of its Ordinary General Assembly Meeting (First Meeting) on August 18, 2026, with the meeting having been held on August 17, 2026, at 18:30, both in person at the company's headquarters in Riyadh and via modern technology, with 94.5% shareholder attendance. All five members of the Board of Directors were present, including Chairman Marzouq Mutaib Mutlaq Al-Otaibi and CEO Faisal Saad Mohammed Al-Baqami. Notably, the company disclosed that it received a letter on August 13, 2026, from Al-Zoman, Al-Fahad & Al-Hajjaj Professional Consulting declining its appointment as the company's auditor and withdrawing its fee proposal for auditing the annual financial statements ending December 31, 2026, and interim statements ending June 30, 2027. As certain agenda items were not approved, a subsequent Ordinary General Assembly Meeting will be scheduled pending the necessary approvals.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97676&anCat=1&cs=9547&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/14662_3463_2026-08-17_23-01-10_en.pdfNote: 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.
