The Ordinary General Assembly of Khabary Holding Company OTC 532, which is to be held on Thursday, August 1, 2024, will discuss the Board of Directors’ proposal not to distribute cash dividends to the company’s shareholders for the financial year ending on 12/31/2024, and not to pay a bonus to members of the Board of Directors.
It will also discuss the report of the Board of Directors, the auditor, and the report of the Sharia Supervisory Board, while discussing the company’s financial statements for the fiscal year ending on 12/31/2024.
The General Assembly will also discuss the Board of Directors’ proposal to obtain an approval from the General Assembly to authorize them to buy or sell treasury shares in the name of the company, not exceeding 10% for a year of the capital, in accordance with Law No. 7 of 2010 and its executive regulations and amendments.