The Arab Food and Dairy Factories Company (Fadico) (a joint stock company) announces the latest developments in inviting its shareholders to attend the ordinary general assembly meeting (the first and second meetings in an hour) via modern technology.
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Arabian Food and Dairy Factories Co. (FADICO), a Joint Stock Company, is pleased to invite its esteemed shareholders to attend and vote in the Ordinary General Assembly Meeting (First Meeting), which is scheduled to be held, God willing, via modern technology means at 6:30 PM on Sunday, 02/02/1447H, corresponding to 27/07/2025. |
| Previous Announcement | Voting on the auditor’s report for the fiscal year ended December 31, 2024, after discussion.
Reviewing and discussing the Board of Directors’ report for the fiscal year ended December 31, 2024.
Reviewing and discussing the company’s financial statements for the fiscal year ended December 31, 2024.
Voting on discharging the members of the Board of Directors from liability for the fiscal year ended December 31, 2024.
Voting on appointing an external auditor from among the nominees—based on the recommendation of the Audit Committee—to review and audit the company’s semi-annual and annual financial statements for the fiscal year 2025 and determine their remuneration.
Voting on authorizing the Board of Directors to distribute interim dividends (semi-annually or quarterly) to shareholders for the fiscal year ending December 31, 2025.
Voting on disbursing an amount of SAR 1,000,000 (one million Saudi Riyals) as remuneration to the members of the Board of Directors for the fiscal year ended December 31, 2024.Shape |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-06-29 Corresponding to 1447-01-04 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Amendment to the date of the General Assembly meeting and the voting date
The General Assembly meeting will be held at 6:30 PM on Sunday, 02/02/1447H, corresponding to 27/07/2025
electronically vote on the items of the General Assembly starting from 1:00 AM on Thursday, 29/01/1447H (corresponding to 24/07/2025) |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | nothing |
| Attached Documents |  |
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