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Cinemas Centers shareholders approve profit distribution plan
Shareholders of Al Markaziah Company (Sinoome Centers) approved authorizing the Board of Directors to distribute interim profits for the year 2026. They also approved the financial statements for 2025, as well as contracts and transactions with related parties, including contracts valued at over 1.62 billion Riyals for the establishment and development of shopping centers, and other contracts ranging from 25.3 million to 184.8 million Riyals for leasing and services. Additionally, the appointment of auditors and the review of Board of Directors’ bonuses were approved during the ordinary general assembly meeting.
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