The Ordinary General Assembly meeting was held remotely through contemporary technology from the Company’s office in Riyadh, Rabwah District, Al-Ahsa Street, Building No. 7449, Unit No. 1, on Sunday, 10/08/2025, corresponding to 16/02/1447 H, and the percentage of attending shareholders was 56.13%.
Voting Results on the Items of the General Assembly’s Meeting Agenda
- 1Approval of the transactions and contracts concluded for the fiscal year ending 31-12-2024, between the company and Hana Food Industries Company, in which board member Mr. Ahmed Hamoud Ibrahim Al-Dhiyab has an indirect interest. These transactions involve the sale of finished goods and products, including plastic bottle preforms and plastic bottle caps of various sizes and weights, as well as the purchase and sale of raw materials, packaging, and wrapping materials during the fiscal year ending 31-12-2024, without discrimination or preferential terms. The value of the transactions amounted to SAR 28,762,287 in sales, inclusive of value-added tax, and SAR 50,400 in purchases, inclusive of value-added tax.
- 2Approval of the discharge of the board members from liability for the fiscal year ending 31-12-2024.
- 3Approval of disbursing a remuneration of SAR 600,000 to non-executive board members for the fiscal year ending 31-12-2024.
- 4Approval of amending Article Four of the Company's Articles of Association, relating to the company’s activities
