Articles > Axelerated Solutions for Information and Communication Technology Co. Announces Successful General Assembly Meeting
Axelerated Solutions for Information and Communication Technology Co. Announces Successful General Assembly Meeting
By KlickAnalytics Data Insights | June 4, 2026 03:05AM ET
- Axelerated Solutions for Information and Communication Technology Co. reveals outcomes from their Ordinary General Assembly Meeting which took place on June 3rd, 2026.
- The meeting was held both in person at the company's headquarters in Riyadh and through modern technology means.
- A high percentage of shareholders, 92.32%, participated in the event showing strong interest and engagement in the company's affairs.
During the session, various key decisions were made including:
1. Review and approval of the Board of Directors' Report for the fiscal year ending December 31, 2025.
2. Approval of the External Auditor's Report for the same fiscal year.
3. Discussion and review of the financial statements for the fiscal year ended December 31, 2025.
4. Approval of the distribution of cash dividends for the second half of 2025 amounting to SAR 11,200,000, at SAR 0.40 per share, starting from June 17, 2026.
Moreover, other important resolutions were passed such as granting remuneration to the Board of Directors, authorizing the distribution of interim dividends in 2026, and appointing Sultan Ahmed Al-Shubaily Certified Public Accountants as the Company's External Auditor for upcoming financial statements periods.
The success of this General Assembly Meeting reflects the commitment and transparency of Axelerated Solutions for Information and Communication Technology Co. in engaging with its shareholders and ensuring the company's sustainable growth in the market.
- The meeting was held both in person at the company's headquarters in Riyadh and through modern technology means.
- A high percentage of shareholders, 92.32%, participated in the event showing strong interest and engagement in the company's affairs.
During the session, various key decisions were made including:
1. Review and approval of the Board of Directors' Report for the fiscal year ending December 31, 2025.
2. Approval of the External Auditor's Report for the same fiscal year.
3. Discussion and review of the financial statements for the fiscal year ended December 31, 2025.
4. Approval of the distribution of cash dividends for the second half of 2025 amounting to SAR 11,200,000, at SAR 0.40 per share, starting from June 17, 2026.
Moreover, other important resolutions were passed such as granting remuneration to the Board of Directors, authorizing the distribution of interim dividends in 2026, and appointing Sultan Ahmed Al-Shubaily Certified Public Accountants as the Company's External Auditor for upcoming financial statements periods.
The success of this General Assembly Meeting reflects the commitment and transparency of Axelerated Solutions for Information and Communication Technology Co. in engaging with its shareholders and ensuring the company's sustainable growth in the market.
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