Element List |
Explanation |
Introduction |
Saudi Marketing Company (Farm Superstores) announces the recommendation of the board of Directors not to distribute dividends to the shareholders for the year ending December 31, 2021 |
Date of the board’s decision |
2022-03-30 Corresponding to 1443-08-27 |
Reasons for Not Recommending Distribution |
To support and strengthen the financial position of the Company, and its expansion during the current year, in addition to the upgrades and renovations for the existing branches. |
Approvals |
This recommendation will be presented for voting during the next general assembly meeting of the Company, the date of which will be determined later after taking approval from official authorities. |
Comments