Saudi Arabia’s Molan Steel to Hold Shareholders Meeting on June 24 to Discuss 2025 Interim Dividends

Molan Steel Co.’s board of directors has called on shareholders to participate and vote in the company’s Ordinary General Assembly Meeting, scheduled for 7:20 p.m. local time on Tuesday, June 24, 2025.

According to a company statement, the agenda includes the following items:

Review and discussion of the board of directors’ report for the fiscal year ended Dec. 31, 2024.

Vote on the auditor’s report for the same fiscal year.

Review and discussion of the company’s financial statements for 2024.

Vote on appointing an external auditor, based on the recommendation of the Audit Committee, to review and audit the company’s semi-annual and annual financial statements for 2025 and determine their fees.

Vote on discharging the board members from liability for the fiscal year 2024.

Vote on authorizing the board to distribute interim dividends on a semi-annual or quarterly basis during fiscal year 2025.

Electronic voting on the agenda items will begin at 1:00 a.m. on Thursday, Dec. 26, 2024, and will remain open until the end of the assembly.