Fesh Fash GA approves BOD recommendation to distribute 15% of capital as cash dividends for 2022

Fesh Fash snack food pro. co. announced the results of the Ordinary General Assembly Meeting (First Meeting), which was held on Thursday evening, 01/06/2023, which included approval of the recommendation of the Board of Directors to distribute dividends to shareholders for the fiscal year ending on 31/12/2022 (1.50) riyals at a rate of (15%) of the capital, provided that the eligibility for profits is for the shareholders registered in the company’s records on the day of the assembly

Voting results of the rest of the Agenda’s Items:

– Approval of the auditor’s report for the financial year ended 31/12/2022

– Approval of the discharge of the members of the Board of Directors from liability for the financial year ending on 31/12/2022

– Approval of the disbursement of (SAR 108,000) as remuneration to the members of the Board of Directors for the year ending on 31/12/2022

-The financial statements for the fiscal year ending on 12/31/2022 were reviewed and discussed

-The report of the Board of Directors for the fiscal year ending on 12/31/2022 was reviewed and discussed

– Approval of the appointment of Al-Azm and Al-Sudairy Office to examine, review and audit the semi-annual and annual financial statements of the fiscal year 2023 and determine its fees.