December 11.. “Amwaj International” GA to vote on ‎distributing 9 million riyals in cash dividends to shareholders

The Board of Directors of Amwaj International Company invited shareholders to participate and vote in the Extraordinary General Assembly meeting (first meeting), which is scheduled to be held via modern technology on December 11, 2023.

The company explained that the terms of the association will be as follows:

1- Vote on the Board of Directors’ recommendation to distribute cash dividends in the amount of 9 million riyals to shareholders for the financial period June 30, 2023, at the rate of (1.5) riyals for each share and at a rate of (15%) of the capital, provided that the eligibility is for shareholders who own shares. At the end of trading on the day of the General Assembly and those registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the due date, the date of dividend distribution will be announced later.

2- Vote on amending Article (21) of the Basic Law relating to the powers of the President, Deputy, Managing Director and Secretary (attached)

According to the company, shareholders registered in Tadawulati services can vote electronically remotely on the assembly’s items, starting at 01:00 am on Thursday, December 7, until the end of the assembly’s meeting time.