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Arabian Plastic Industrial Company (APICO) announces the Board of Directors' decision not to distribute Cash dividends to shareholders for the fiscal year 2023
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APICO
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1445/10/28 07/05/2024 09:35:06
| Element List | Explanation |
|---|---|
| Introduction | Arabian Plastic Industrial Company (APICO) board of directors recommended not to distribute Cash dividends to shareholders for the fiscal year 2023. |
| Date of the board’s decision | 2024-05-06 Corresponding to 1445-10-27 |
| Reasons for Not Recommending Distribution | To support company's strategic growth objectives. |
| Additional Information | This recommendation will be raised to the next General Assembly Meeting for voting. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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