Savola OGM approves SAR 1.8B statutory reserve transfer to retained earnings

08/05/2024 Argaam

Savola OGM approves SAR 1.8B statutory reserve transfer to retained earnings

Savola Group headquarters

Shareholders of Savola Group approved transferring the company’s statutory reserve of SAR 1.77 billion as on Dec. 31, 2023 to retained earnings.

 

The approval took place in an ordinary general meeting held on May 7, according to a statement to Tadawul.

 

In addition, shareholders approved a number of businesses and contracts with several companies, in which board members have an indirect interest.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read