Alsoor International Holding Company has invited its shareholders to attend the upcoming Ordinary General Assembly Meeting, scheduled to take place at 11:00 a.m. on Thursday, 3 July 2025, at the company’s headquarters, to review and discuss the agenda items.
Topping the agenda is a proposal to distribute a 14% cash dividend of the company’s capital, amounting to a total of KWD 7 million, to shareholders registered in the company’s records. The agenda also includes a proposal not to distribute remuneration to Board members for the fiscal year ended 31 March 2025, and to allocate 10% of net profits, or KWD 885,075, to the statutory reserve.
The assembly will also review the Board of Directors' report, the auditor’s report (Al Aiban, Al Osaimi & Partners – Ernst & Young), and the report on related party transactions, along with granting the Board authorization to engage in related party transactions during the upcoming fiscal year ending 31 March 2026.
In addition, the agenda includes approval of the audited financial statements, discharging Board members from legal, financial, and administrative liability for the year, and appointing or reappointing the external auditor for the fiscal year ending 31 March 2026, along with authorizing the Board to determine their fees.