Amwaj International GA Authorises BOD to Distribute Interim Dividends

Amwaj International Co. announced on Monday that its Board of Directors announced the results of the Ordinary General Assembly Meeting (First Meeting), which included approval to authorise the Board to distribute interim dividends semi-annually or quarterly for the fiscal year 2025.

According to a statement on Tadawul, the General Assembly approved the election of Board Members from among the candidates for the next term, which begins on August 27, 2025, for a period of four years. The Members are Mr. Badr bin Ghormallah Al-Zahrani, Mr. Mazen bin Gharamallah Al-Zahrani, Mr. Fayez Abdul-Wadud Khattab, and Mr. Ahmed Saeed Al-Ghamdi.

The Company stated that the General Assembly also approved authorising the elected Board to exercise the powers of the Ordinary General Assembly pursuant to Paragraph (1) of Article 27 of the Companies Law, for a period of one year from the date of approval or until the end of the term of the authorised Board, whichever comes first, in accordance with the conditions stipulated in the Executive Regulations of the Companies Law for listed joint stock companies.