Fad to vote on SAR 1.97M reserve transfer on Dec. 23

09:03 AM (Mecca time) Argaam- Nomu
Fad shareholders will vote on Dec. 23 on transferring its SAR 1.97 million statutory reserve to retained earnings

Fad shareholders will vote on Dec. 23 on transferring its SAR 1.97 million statutory reserve to retained earnings

Fad International Co. said its shareholders will vote on transferring the statutory reserve balance of SAR 1.97 million to retained earnings in an extraordinary general meeting on Dec. 23, 2025.

 

The statutory reserve stood at SAR 1.97 million in the financial statements for the year ended Dec. 31, 2024, and in the preliminary results as of June 30, 2025, the company said in a statement to Tadawul.

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