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Aqasem shareholders oppose Board liability for 2025
The shareholders of Aqasem Chemical and Plastics Manufacturing Company rejected the discharge of the members of the Board of Directors for the fiscal year 2025 during the Ordinary General Assembly Meeting held on June 10, 2026, with the attendance of the majority of shareholders. They also approved the appointment of a new audit firm, the distribution of bonuses totaling approximately 934,000 Riyals, and approved transactions with Leader Express Company valued at 7.49 million Riyals, confirming that these operations were conducted under prevailing commercial terms and without any preferential advantages.
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