Zamil Industrial Approves Auditor’s Report, Related-Party Transactions

 Zamil Industrial Investment Co. announced on Sunday that its Ordinary General Assembly Meeting (first meeting) approved the Board of Directors’ report and the external auditor’s report for the fiscal year ending December 31, 2024.

The meeting also approved the company’s transactions and contracts with Zamil Group Holding Company, in which Board Member Sattam A. Al-Zamil has an indirect interest as a related party. The total value of these transactions for 2024 amounts to SAR 31.7 million.