SARCO shareholders to vote on SAR 31.7M statutory reserve transfer on Sept. 28

07/09/2025 Argaam
SARCO plans to transfer the entire statutory reserve balance to retained earnings

SARCO plans to transfer the entire statutory reserve balance to retained earnings

Saudi Arabia Refineries Co.’s (SARCO) shareholders will vote on transferring the entire statutory reserve balance of SAR 31.69 million, as in the 2024 income statement, to retained earnings, during an extraordinary general meeting (EGM) to be held on Sept. 28.

 

For more news on listed companies

 

Shareholders will also vote on paying SAR 1.74 million in annual remuneration to board members for 2024, the company said in a statement to Tadawul today, Sept. 7.

 

To view Agenda of the Extraordinary General Assembly of the Saudi Arabian Refineries Company

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.