IssuerAnnouncementDetailsV2Portlet
Arabian Cement Company announces the Board of Directors’ recommendation to transfer the company’s statutory and general reserves to retained earnings.
Element List | Explanation |
---|---|
Announcement Detail | Arabian Cement Company announces the Board of Directors' recommendation, issued on 29/10/1446 AH corresponding to 27/04/2025 AD to Extraordinary General Assembly to approve the transfer of the company's statutory reserve of SAR 500 million and the general reserve of SAR 95 million, as of December 31, 2024, to retained earnings. |
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.