Alqemam shareholders to vote on SAR 4.6M statutory reserve transfer on Oct. 12

21/09/2025 Argaam
Alqemam plans to transfer the entire statutory reserve balance to retained earnings

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

Alqemam for Computer Systems Co. ’s shareholders will vote on transferring the statutory reserve balance of SAR 4.58 million, as in the H1 2025 financial statements, to retained earnings during an extraordinary general meeting (EGM) to be held on Oct. 12.

 

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The company's board of directors recently recommended that the company's statutory reserve balance be transferred to retained earnings, according to Argaam.

 

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