Development Works Food shareholders reject auditor appointment

Logo of Development Works Food Co.

Shareholders of Development Works Food Co., listed on the Nomu-Parallel Market, rejected the appointment of an auditor from the audit committee-nominated candidates, during the ordinary general meeting (OGM) held on June 25, according to a Tadawul statement.

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The recommendations included nominating candidates to examine, review, and audit the company’s financial statements for Q2, Q3, Q4 and the full year of 2025, as well as Q1 2026. It also involved determining the auditor’s fees.

Shareholders also approved all other agenda items, including discharging the board of directors from liability for 2024, and approving last year’s auditor’s report after discussion