Saudi Printing Appoints Ernst Young Auditor SAR 2.07M
SPPC 4270.SA | 0.00 |
Saudi Printing and Packaging Co. announced on May 20, 2026 the results of its Ordinary General Assembly Meeting held on May 19, 2026 at 7:45 PM at the company's Riyadh headquarters with 64.79% shareholder attendance. The assembly approved the appointment of Ernst & Young Professional Services as external auditor for fiscal year 2026 and Q1 2027 at fees of SAR 2,068,500 excluding VAT, and discharged the Board of Directors for the fiscal year ending December 31, 2025. Key approvals included related-party transactions with Saudi Research and Media Group entities totaling SAR 23,219,068.51 in printing contracts during 2025, along with outstanding loan balances of SAR 85,000,000 and associated interest expenses of SAR 1,498,437.50.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95534&anCat=1&cs=4270&locale=arImportant 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.
