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Lazurde shareholders approve funds transfer

Lazurde shareholders approve funds transfer

Lazurde Jewelry Company has approved the full transfer of the statutory reserve balance of 27.81 million SAR to retained earnings, and has agreed to distribute interim profits during 2026. Additionally, the company approved the Board of Directors' report and the financial statements for 2025, and appointed PKF as the external auditor with fees of 1.045 million SAR. The policy for rewarding board members and management has also been amended, while the delegation of authority to the Board of Directors under the Companies Law was rejected.

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