Al Tafawoq United Holding Company will hold its Ordinary General Assembly on July 15, 2025, to discuss the Board of Directors' proposal to distribute cash dividends at a rate of 3% of the nominal value of the share (3 Fils per share) to shareholders registered in the company as of the date of the General Assembly.

The total proposed dividend distribution amounts to KWD 1,515,911 for the fiscal year ending March 31, 2025.

The General Assembly will also address several other agenda items, including:

Hearing and approving the Board of Directors’ report for the fiscal year ended March 31, 2025.
Hearing and approving the auditor’s report for the same period.

Discussing and approving the company’s financial statements for the fiscal year ended March 31, 2025.
Reviewing any violations and penalties issued by regulatory authorities, if any.

Reviewing related party transactions, both completed and planned.

Approving the allocation of 10% of net profits amounting to KWD 1,051,820 to the statutory reserve.

Discussing the Board’s proposal not to distribute bonuses to the members of the Board of Directors for the fiscal year ended March 31, 2025.

Approving the authorization of the Board to deal in the company’s treasury shares, up to 10% of the total shares, in accordance with Law No. 7 of 2010 and its executive regulations and amendments.

Discussing the discharge of the Board members from liability for their financial, legal, and administrative actions during the fiscal year ended March 31, 2025.

Electing new members to complete the current Board’s term.
Appointing or reappointing the external auditor for the fiscal year ending March 31, 2026, and authorizing the Board to determine their fees.