The Board of Directors of the Company in their meeting held on 28/03/2024 decided the following –

1) Authorized issuance of audited financial statements of the Company for the financial year ended 31 December 2023 and are subject to the approval of the Shareholders’ General Assembly. The company has made a profit of KD 942,766 – 4.05 fils per share. 

2) The Board of Directors have proposed to distribute cash dividends of 2% of the paid up capital (2 fils per share) for the year ended 31 December 2023. This proposal is subject to approval of the Shareholders’ General Assembly. 

3) Recommending to the Ordinary General Assembly to appoint, Mr. Faisal Saqr Abdulkareem Al-Saqr – BDO Al-Nisf and Partners as the external auditor for the fiscal year ended 31 December 2024.

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