Al Nahdi General Assembly approves works and contracts concluded with related parties

Nahdi Medical Company announced on Tuesday the results of the Extraordinary General Assembly Meeting, which was held on Monday, 23\10\2023.

Voting Results:

Approved the business and contract with Mr. Abdulrahman Abdullah Amer Al-Nahdi. Since Mr.Abdullah Amer Al-Nahdi as a board member has an indirect interest in the transaction. The contract is for real estate consultation services valued at (250,000) Saudi Riyals annually, for a one-year period. However, it has been executed under standard commercial terms without preferential benefits.