Al Ashghal Al Moysra board plans transfer of statutory reserve to retained earnings

14/05/2025 Argaam
Logo ofAl Ashghal Al Moysra Co.

Logo of Al Ashghal Al Moysra Co.


Al Ashghal Al Moysra Co.’s board of directors recommended today, May 14, the transfer of the company’s statutory reserve balance of SAR 15,000 (as of Dec. 31, 2024) to retained earnings, according to a statement to Tadawul.

 

For more news on listed companies

 

The proposal will be set forth to the upcoming extraordinary general meeting (EGM) for approval.

 

Al Ashghal Al Moysra was founded in 2013. It operates in three core segments: facility maintenance, cleaning, and management; logistics and domestic transport services; and construction-related contracting, including building, renovation, and maintenance.

Comments {{getCommentCount()}}

Be the first to comment

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.