Altwijri Trading shareholders ratify auditor appointment, investment contracts

ALTWIJRI
9651 0.00% 22.99 0.00

Riyadh – Mubasher: The equityholders of Abdulaziz Bin Ahmed Altwijri Trading Company approved all items discussed during the Extraordinary General Assembly meeting held on 30 June 2026.

The shareholders ratified the financial statements and board report for the fiscal year ended on 31 December 2025, according to a bourse filing.

The assembly approved the appointment of Al Zoman, Al Fahad & Al Hajjaj Company as the auditor for the first half (H1) and annual financial statements of 2026, with fees set at SAR 290,000.

Furthermore, shareholders authorized the disbursement of SAR 1.18 millino as remuneration for board members for the 2025 fiscal year and discharged board members from liability for the same period.

Approval was also granted for several related party contracts involving board members.

The agreement included a one-year contract with Nature House Factory Company valued at SAR 5.66 million and a one-year contract with Nana Cloud Food Company for SAR 1.01 million. Both agreements involve the purchase and sale of products and were conducted without preferential terms.

Additionally, the assembly approved an employee stock program and delegated the board to determine its specific terms and allocation prices.

Source: Mubasher Source: {{details.article.source}}