ReaL Estate Facilities Company will hold its Ordinary and Extraordinary General Assembly Meetings for the fiscal year ended March 31, 2025, on Monday, June 30, 2025, at 11:00 AM, at the main meeting hall of the Tasheelat Commercial Company building.

The agenda includes reviewing and approving the Board of Directors’ report, as well as the auditors’ report for the fiscal year ended March 31, 2025, presented by Rashid Ayoub Al-Shaddad (R?dl Middle East – Burgan), and approving any financial or non-financial penalties imposed by regulatory bodies. The company will also discuss and approve its financial statements.

The Board of Directors has recommended allocating 10% of net profit (KD 251,530) to the legal reserve and 10% (KD 251,530) to the voluntary reserve. Additionally, the Board has proposed distributing a 5% cash dividend—equivalent to 5 fils per share—amounting to a total of KD 1,250,000 to shareholders registered as of the date of the General Assembly.

The meeting will also address related party transactions for the fiscal year and authorize the Board to engage in related party dealings through March 31, 2026. Furthermore, shareholders will vote on discharging the Board of Directors from liability for their legal, financial, and administrative actions during the fiscal year ended March 31, 2025.

The Assembly will conclude with a discussion of the Board’s recommendation to approve a total remuneration of KD 21,000 for board members for the fiscal year, and the appointment or reappointment of the company’s external auditor for the fiscal year ending March 31, 2026, along with authorizing the Board to determine the auditor’s fees.