Al-Jada Al-Aula clarifies assembly results
Al Jadeed Al Awwal Real Estate Development Company issued clarifications regarding the results of the extraordinary general assembly meeting held on June 16, 2026. Shareholders approved the appointment of Professional Advisors Vortex Mazars as the external auditor to audit the financial statements for 2026 and the first quarter of 2027, at a fee of 440,000 Saudi Riyals excluding VAT. Additionally, shareholders approved not delegating the Board of Directors with the authority to grant licenses in cases of competition or conflicts of interest.
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