IssuerAnnouncementDetailsV2Portlet
Herfy Food Services Company Announces Non-distribution of cash dividends to shareholders for the fiscal year ended December 31, 2023 .
Element List | Explanation |
---|---|
Introduction | Herfy Food Services Company announces the Board of Directors’ recommendation, at its meeting on Monday February 5, 2024 corresponding to Rajab 24, 1445 H, for the General Assembly of the company’s shareholders, which will announce the determined date later, not to distribute cash dividends to the shareholders for the fiscal year ended December 31, 2023 . |
Date of the board’s decision | 2024-02-05 Corresponding to 1445-07-24 |
Reasons for Not Recommending Distribution | The reason for the recommendation is to support and strengthen the company financial position, in addition to supporting cash liquidity and financing capital expansions for the company . |
Additional Information | The recommendation will be presented to the next General Assembly 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.