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Ban shareholders approve loss offsetting
Alan Group Holding has approved the treatment of accumulated losses amounting to 263.64 million riyals by converting part of the issuance premium balance, aimed at strengthening the financial position. The extraordinary general assembly also reviewed the Board of Directors' report and the financial statements for the year 2025. It approved the discharge of the Board members and their remunerations, in addition to delegating the Board to undertake related business and contracts of interest and to manage hospitality and hotel activities for one year. The voting was conducted with a participation rate of 73.69% of the capital.
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