Publisher: Maaal International Media Company
License: 465734
Tuesday, 18 March 2025
ARABICA STAR BOD Recommends Transfer of Statutory Reserve to Retained Earnings
ARABICA STAR announced on Wednesday the Board of Directors’ recommendation to the Extraordinary General Assembly to approve transferring the statutory reserve balance, which amounted to SAR 847.9 thousand as in the annual financial statements ending December 31, 2023, to the retained earnings balance.
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