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General Assembly Approves 2026 Profit Distribution
The Saudi Human Resources Solutions Company (Smasco) approved delegating its board of directors to distribute interim profits to shareholders either semi-annually or quarterly during the year 2026. It also approved the financial statements and the Board of Directors' report for 2025. Additionally, the company’s bylaws were amended, and a new board member was appointed. Furthermore, agreements with related parties totaling over 124 million riyals were approved, with an emphasis that all transactions were conducted in accordance with standard commercial practices.
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