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Shams shareholders oppose 2025 audit
Shareholders of "Shams" Tourism Development Company rejected the approval of the 2025 financial auditor’s report during the general assembly meeting held via electronic means, with 12.4% of the capital present. They approved the appointment of new audit firms for the upcoming periods at a fee of 322,000 Riyals, while shareholders voted against approving the previous auditor’s report for the fiscal year ending December 31, 2025.
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