"Jablah " Discusses the Financial Year Ending in 2024 on May 12

Published on almowazi.com on 28 April 2025
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The Board of Directors of Jablah Holding Company has invited its shareholders to attend its ordinary general assembly on Monday, May 12, 2025, at 11:00 AM at its headquarters, to hear the Board of Directors' report and the auditor’s report for the financial year ending August 31, 2024, and to approve them. 

The assembly will also review the financial statements for the same fiscal year, hear reports on violations and penalties issued by regulatory authorities, and discuss transactions that have occurred or will occur with related parties.

Additionally, the assembly will discuss the decision not to distribute dividends and not to grant bonuses to Board members for the financial year ending August 31, 2024. 

It will also address the decision not to allocate optional/mandatory reserves from the profits of the same fiscal year, and discuss the release of Board members from liability regarding all financial, legal, and administrative matters for the financial year ending in 2024, as well as appointing or reappointing the auditor for the financial year ending August 31, 2025, and authorizing the Board of Directors to determine their fees.

Assemblies

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