Leen Alkhair EGM nods transfer of SAR 6.4M reserve to retained earnings

23/06/2024 Argaam
Logo ofLeen Alkhair Trading Co.

Logo of Leen Alkhair Trading Co.

Leen Alkhair Trading Co.'s shareholders approved the board's recommendation on transferring the statutory reserve of SAR 6.44 million as of Dec. 31, 2023, to retained earnings, during the extraordinary general meeting (EGM) held on June 13, according to a statement to Tadawul.

 

Furthermore, they approved authorizing the board of directors to distribute cash dividends on a semi-annual or quarterly basis for 2024.

 

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