May 29.. “Makkah Reconstruction and Development” GA to vote on distributing cash dividends for 2023 at 1.5 riyals per share

The Board of Directors of Makkah Construction and Development Company invited shareholders to participate and vote in the thirty-seventh ordinary general assembly meeting (the first and second meetings in an hour) via modern technology using the Tadawulati system on May 29, 2024.

According to the company’s statement on Tadawul, a vote will be made on the Board of Directors’ recommendation to distribute cash dividends in the amount of 247.2 million riyals for the financial period ending on December 31, 2023, at a rate of 1.5 riyals per share and 15% of the capital, with the eligibility being for shareholders who own shares at the end of trading on the day of the assembly. The public and those registered in the company’s shareholder register at “

Deposit” at the end of the second trading day following the maturity date.

A vote will be held on disbursing 3.4 million riyals as a bonus to members of the Board of Directors for the year 2023.