Advanced shareholders to discuss transferring SAR 481.9M to retained earnings on March 28

07/03/2024 Argaam

Advanced shareholders to discuss transferring SAR 481.9M to retained earnings on March 28

Advanced Petrochemical Co. headquarters

Shareholders of Advanced Petrochemical Co. will vote on transferring its SAR 481.9 million statutory reserve, as of Dec. 31, 2023, to retained earnings during an extraordinary general meeting (EGM) scheduled for March 28.

 

They will also vote on other agenda items, the petrochemical producer said in a statement to Tadawul.

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