AlNaqool Amends Board Membership Policy

Mohammed Hassan AlNaqool Sons Co. announced on Sunday that shareholders approved amendments to the Board of Directors’ membership policy and procedures during its Ordinary General Assembly Meeting held Thursday evening.

Other resolutions passed include:

• Approval of FY2024 financial statements, Board report, and auditor’s report.
• Discharge of Board members from liability for FY2024.
• Appointment of Mahm Professional Consulting Co. as external auditor for FY2025 with audit fees set at SAR 280,000, excluding VAT.