Ayan General Ayan agrees to transfer the stock bonus to extinguish part of the accumulated losses
The Board of Directors of Ayan Investment announced the results of the extraordinary general assembly meeting (the second meeting), which was held yesterday, Sunday. "Saudi Arabia trading": The results of the voting on the association’s agenda included:
1. Approval of amending Article Three of the Basic System related to the company’s purposes. Approval of the recommendation of the Board of Directors to transfer the full balance of the shares issuance, which amounts to 59,760,538 riyals, to the accumulated losses, in order to extinguish part of the accumulated losses, which amounted to (145,883,561) riyals, which represents (14.5%) of the capital, as well as in the financial statements for the six -month period ending on June 30, 2025 AD; Accordingly, the accumulated losses will decrease to 8.55% of the capital.
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