The International Contractors Group (under liquidation) held its extraordinary general assembly (deferred) on March 11, 2025, and agreed to extend its liquidation period for one year.
The assembly approved the extension of the liquidation period for Mr. Barak Abdul Mohsen Al-Otaibi, a registered accountant, to complete the liquidation work for an additional year, with the same fees as the previous year. This decision was made by shareholders owning 7,332,500 shares, representing 81.472% of the total shares present, which amount to 9,000,000 shares. However, shareholders owning 1,667,500 shares, representing 18.528% of the total shares present, voiced their reservations regarding this item.