SASCO Shareholders Reject Assembly Agenda Items

SASCO

SASCO

4050.SA

0.00

Saudi Automotive Services Company (SASCO) announced on June 17, 2026 the results of its Extraordinary General Assembly Meeting (second meeting) held on June 16, 2026 at 7:45 p.m. at the company's headquarters in Riyadh and via the Tadawulaty system. The meeting had a shareholder attendance of 43.65%, with six of seven board members present. Some agenda items were not approved, and the Assembly granted a six-month period to take necessary measures to rectify and address the existing situation in compliance with relevant regulations.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96164&anCat=1&cs=4050&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/33453_441_2026-06-17_08-29-31_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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