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Riyadh Development Company announces that it has received a letter from shareholders who make up more than (5%) of the company’s capital with a request to add an item to the agenda of the next general assembly

ARDCO 4150 1.19% 28.86 0.34
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Announcement Detail Riyadh Development Company announces that it has received a letter on 01/06/2022 AD from seven shareholders who constitute more than (5%) of the company’s capital, with a request to add the following item to the agenda of the next upcoming general assembly:

Voting to distribute an amount of (88,888,888.5) Saudi riyals at 50 halalas per share from the balance of retained earnings.

This item will be added at the nearest general assembly, which will be announced at a later date for voting.

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