Al Khaleej Training Transfers SAR 83 Million from Statutory Reserve to Retained Earnings

The Board of Directors of Al Khaleej Training and Education Company disclosed on Wednesday the outcomes of the Extraordinary General Assembly meeting (first meeting), held at precisely 9:30 PM on Tuesday, 02/09/1445 AH corresponding to 12/03/2024 AD, conducted through modern technological means.

Voting Results:

The approval was granted to transfer the entire statutory reserve of the company, totaling 83,043,571.00 riyals as of the budget of 31/12/2022, to the retained earnings account.