The General Meeting of Fash Fash Food Processing Plant LLC, based on the results of the meeting on June 1, approved the recommendation of the Board of Directors on the payment of dividends in the amount of 15% to shareholders based on the results of the financial year ending December 31, 2022.
The company said in a statement to Tadawul Saudi Arabia on Sunday that the distribution would be 1.5 riyals per share, subject to shareholders listed on the company’s records on the day of the meeting being entitled to profit.
The meeting approved the audit report of the company for the 2022 financial year and released the members of the board of directors from responsibility for the past financial year.
It also approved the payment of 108,000 riyals as remuneration to members of the Board of Directors for the past year, and approved the appointment of Al-Azm and Al-Sudairi office for verification, review and audit. semi-annual and annual financial statements for fiscal year 2023 and determine its fees.