- Rimath Hospitality Company discloses the outcomes of its Ordinary General Assembly meeting held on 26 August 2026.
- Shareholders representing 73% of the company's capital participated in the meeting, conducted both in-person and via modern technology.
- The assembly approved the appointment of Al Zoman, Al Fahad & Al Hajjaj as the external auditor, responsible for examining financial statements for the 2026 fiscal year.

Rimath Hospitality Company, previously known as Intelligent Oud Trading Company (iOud) before rebranding earlier this year, shared the results of its Ordinary General Assembly meeting (OGM) held on 26 August 2026. The meeting saw a robust attendance of shareholders representing 73% of the company's capital. Conducted both physically at the company's headquarters in Riyadh and virtually, the meeting was aligned with modern technological trends, as outlined in a bourse filing.

During the session, the assembly greenlit the appointment of Al Zoman, Al Fahad & Al Hajjaj for Professional Consulting as the external auditor. The firm will be in charge of examining and auditing the semi-annual and annual financial statements for the upcoming fiscal year, with the total fees for these services set at SAR 295,000. The appointment came after a voting process where Al Zoman, Al Fahad & Al Hajjaj received a significant 91.92792% of the votes, showcasing strong shareholder support.

Competing candidates, including Sultan Ahmed Al Shubaili (PKF Al-Bassam) and Al Sayed El Ayouty & Co (Moore), received 5.31743% and 2.75465% of the votes, respectively. Noteworthy attendees at the meeting included Chairman Mohammed bin Abdulrahman Al Dulaimi and Audit Committee Chairman Suhail bin Abdullah Hayyan. The appointment of the external auditor marks a significant step for Rimath Hospitality Company as it progresses with its corporate governance practices and financial transparency initiatives.