Tamdeen Shopping Center Company will hold its ordinary general assembly on Sunday, April 13, 2025, to discuss several items on its agenda. 

Among the key items is the discussion of board of directors’ recommendation to distribute 7.5% cash dividends of the nominal value of the share (equating to 7.5 Fils per share), totaling KWD 7,500,000 for the fiscal year ending December 31, 2024, to shareholders registered in the company’s records as of the date of the general assembly.

The assembly also will discuss the allocation of a reward of KWD 35,000 for the board members for the fiscal year ending December 31, 2024, and the election of a new board of directors for the next three years.

The general assembly will discuss other several items, including:

•    Hearing the board of directors’ report on the company’s activities and the auditor's report for the fiscal year ending December 31, 2024, and approving them.
•    Discussing the company's financial statements and final accounts for the fiscal year ending December 31, 2024, and approving them.
•    Appointing or reappointing the company's auditor for the fiscal year ending December 31, 2024, and authorizing the board of directors to determine the auditor’s fees.
•    Discussing the discharge of the board members and absolving them from all legal, financial, and administrative actions for the fiscal year ending December 31, 2024.
•    Approving the delegation of authority to the board of directors to make social contributions and donations up to a limit of 300,000 Kuwaiti Dinars for the fiscal year 2025.
•    Hearing a report on the amounts, benefits, and advantages that were allocated to the board members.
•    Approving the deduction of 10% from the net profits for the obligatory reserve of the company, amounting to 1,919,288 Kuwaiti Dinars.
•    Hearing a report on the violations and penalties issued by regulatory authorities for the fiscal year ending December 31, 2024.