SAIC Holds Second General Assembly with 16.24% Attendance

SAIC

SAIC

2120.SA

0.00

Saudi Advanced Industries Company (SAIC) announced on June 30, 2026 the results of its Ordinary General Assembly Meeting (second meeting) held on June 29, 2026 at 21:30 via modern technology from the company's head office in Riyadh. The second meeting was convened due to lack of quorum in the first meeting, with an attendance rate of 16.24093% of shares representing the capital. All seven board members attended the meeting, including Chairman Abdullah bin Muhammad Al-Homaidhi and Vice Chairman Muhammad bin Shabib Al-Mutlaq, and all agenda items were approved by majority vote.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96501&anCat=1&cs=2120&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/33993_392_2026-06-29_23-19-35_en.pdf

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.

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