Riyadh — Mubasher: The board of Rimath Hospitality Company has invited its shareholders to attend the Ordinary General Assembly meeting (OGM) scheduled for 26 August 2026.

The meeting will be held at 18:30 at the company’s headquarters in Riyadh and via modern technology through the Tadawulaty system, according to a bourse filing.

Rimath Hospitality noted that the primary agenda item for the assembly is to vote on the appointment of the company’s external auditor from among candidates recommended by the Audit Committee.

The selected auditor will be responsible for examining and auditing the semi-annual and annual financial statements for the 2026 fiscal year, as well as determining their fees.

A quorum for the first meeting requires the attendance of shareholders representing at least one-quarter of the company’s voting shares.

Meanwhile, if a quorum is not met, a second meeting will be held one hour after the scheduled time for the first session, which will be considered valid regardless of the number of shares represented.

Electronic voting for the assembly items is scheduled to begin at 01:00 on 22 August 2026 and will remain open until the end of the meeting.

Rimath Hospitality, which rebranded from Intelligent Oud Trading Company (iOud), earlier unveiled it plans to fill five board seats for a four-year cycle scheduled to begin in September 2026 until 2030.