| Element List |
Explanation |
| Introduction |
Saudi Pharmaceutical Industries and Medical Appliances Corp. announces the board of directors' recommendation to not distribute dividends for Fiscal year ended in 31 December2023. |
| Date of the board’s decision |
2024-03-29 Corresponding to 1445-09-19 |
| Reasons for Not Recommending Distribution |
Due to the company recorded losses, the vote will be communicated with the general assembly of shareholders during its upcoming meetings. |
| Additional Information |
The Board recommendation to not distribute cash dividends for the year 2023 shall be presented to the next General Assembly Meeting for endorsement. |
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