Abo Moati invites shareholders to vote on board remuneration

ABO MOATI
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Riyadh – Mubasher: Abdullah Saad Mohammed Abo Moati for Bookstores has invited its shareholders to attend the ordinary general assembly meeting (OGM) scheduled for 28 September 2026.

The meeting, to be conducted via modern technology, will address several key agenda items following the fiscal year ended 31 March 2026.

Shareholders will vote on the payment of SAR 900,000 as annual remuneration for board members for 2026. The assembly will also consider authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending 31 March 2027.

During this period, the company reported revenues of SAR 260 million and a net profit of SAR 25 million.

The meeting requires a quorum of shareholders representing at least one-quarter of the SAR 200 million capital. Eligibility for attendance and voting is granted to shareholders registered at the Securities Depository Center by the end of the trading session preceding the assembly.

Electronic voting is scheduled to commence on 24 September 2026.

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