Amlak EGM mandates board to distribute interim dividend for 2025

04/11/2024 Argaam

Amlak EGM mandates board to distribute interim dividend for 2025

Logo of Amlak International Finance Co. 

Shareholders of Amlak International Finance Co. mandated the board of directors to pay an interim cash dividend semiannually or quarterly for 2025.

 

The approval came during the extraordinary general meeting (EGM) held on Nov. 3, according to a Tadawul statement.

 

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Shareholders also approved amending the company's bylaws in accordance with the new Companies Law, as well as rearranging and numbering the articles to align with the proposed amendments.

 

In addition, they gave the go-ahead for the company's standards for competing businesses.

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