Nice One approves SAR 318,900 statutory reserve transfer to retained earnings

Nice One Beauty Digital Marketing Co.’s shareholders approved transferring an amount of SAR 318,900 from the statutory reserve, as per the annual financial statements for 2024, to retained earnings, during the extraordinary general meeting (EGM) held on June 23, according to a statement to Tadawul.

Shareholders also approved amending the company’s bylaws related to incorporation, the company’s name, objectives, shareholder register, trade in shares, sale of non-paid shares, company’s management, calling for the convening of general assemblies, board obligations and auditor’s obligations.