The Fadiko General Assembly agrees to 7 items in the association’s agenda

The Arab Food and Dairy Factories Company (Fadiko) announced the results of the regular general assembly meeting (the first meeting), which was held on Sunday.
The company said in a statement on Saudi Arabia’s circulation: The results of the vote on the association’s agenda included:
1- Approval of the company’s audit auditor’s report on the fiscal year ending on 12-31-2024 AD after its discussion.
2- See the report of the Board of Directors for the financial year ending on December 31, 2024 AD and discuss it.
3- See the financial statements of the company for the fiscal year ending and discussing and discussing them.
4- Approval of the Persons of the Board of Directors for the fiscal year ending on December 31, 2024 AD.
5- Approval of the appointment of Baker Tile M.C. and its legal accountants – as the company’s account references from among the candidates based on the recommendation of the review committee; This is to examine, review and audit the financial statements for the first and annual half of the fiscal year 2025 AD, with their levels and their amount of (255,000) riyals.
6- Approving the authorization of the Board of Directors to distribute phased profits to shareholders in a half / quarterly from the fiscal year ending on 12-31-2025 AD.
7- Approval of the exchange of (1,000,000) million riyals, a reward for the members of the Board of Directors for the fiscal year ending on 12/31/2024.