Leen Alkhair EGM votes on June 13 to transfer SAR 6.4M reserve to retained earnings

22/05/2024 Argaam
Logo ofLeen Alkhair Trading Co.

Logo of Leen Alkhair Trading Co.


Leen Alkhair Trading Co.'s shareholders will discuss the board's recommendation on transferring the statutory reserve of SAR 6.44 million as on Dec. 31, 2023, to retained earnings, during the extraordinary general meeting (EGM) slated for June 13.

 

Furthermore, shareholders will vote on authorizing the board of directors to distribute cash dividends on a semiannual or quarterly basis for 2024, according to a statement to Tadawul.

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