Savola OGM to vote on transferring SAR 1.7B statutory reserve to retained earnings on May 7

17/04/2024 Argaam

Savola OGM to vote on transferring SAR 1.7B statutory reserve to retained earnings on May 7

Savola Group headquarters

Savola Group’s shareholders will vote on transferring the company's statutory reserve amounting to SAR 1.77 billion, as shown in financial statements for 2023, to retained earnings in an ordinary general meeting (OGM) to be held on May 7.

 

According to a statement to Tadawul, shareholders will also vote on a number of projects and contracts with several companies.

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