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Al-Jadah Al-Aula clarifies assembly results
Al Jadeeda First Real Estate Development Company issued a clarification regarding the results of the Ninth Extraordinary General Assembly Meeting held on June 16, 2026. Shareholders approved the appointment of Professional Advisors Vorfis Mazars as the external auditor to review and audit the financial statements for the fiscal year 2026 until the first quarter of 2027, for a fee of 440,000 SAR excluding VAT. Additionally, shareholders decided not to authorize the Board of Directors to grant licenses in cases of competition or interests in common, as provided for in the Companies Law.
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