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KEIR to review financials and related-party deals by June 30
Al Ittihad KU Company announced its invitation to its shareholders to attend the Ordinary General Assembly scheduled for June 30, 2026. The meeting will discuss the financial performance for the year 2025, vote on the appointment of a new auditor, and approve contracts with related parties exceeding 34 million riyals. The activities will include voting on loans from the Chairman of the Board and his affiliated company, as well as transactions with a company in which the Vice Chairman holds an indirect interest, with confirmation that all dealings were conducted on commercial grounds. Additionally, the appointment of a new board member, the distribution of bonuses, and the selection of auditors for the first half and the entire year of 2026 will be discussed.
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