Ladun shareholders to vote on statutory reserve transfer on May 27

Ladun Investment Co.’s shareholders will vote on transferring the entire statutory reserve balance of SAR 30.64 million, as in the 2024 income statement, to retained earnings, during an extraordinary general meeting (EGM) to be held on May 27.

Shareholders will also decide on the 2024 board report and audited financial statements.

Other agenda items include authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2025.