Tuesday, 18 March 2025

Zamil Industrial GA approves transaction and contracts with relevant party

Zamil Industrial Investment Company announced the results of the General Assembly Meeting (First Meeting), which was held virtually at 19:00 on Wednesday, 17 May 2023, after securing the required quorum.

Voting Results;

Approval on the related party transactions between the company and Zamil Group Holding Company, in which Mr. Sattam A. Al Zamil, a member of the Board of Directors, has an indirect interest. Total purchase value in 2022 was SAR 32,7 million and was agreed upon with the prevailing commercial terms.

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