Articles > Northern Region Cement Co. Unveils General Assembly Meeting Results
Northern Region Cement Co. Unveils General Assembly Meeting Results
By KlickAnalytics Data Insights | June 4, 2026 02:03AM ET
- Meeting held in company's headquarters in Turaif
- 17.6% shareholders attended
- Board members and committee chairmen presence noted
In a technological breakthrough, the Northern Region Cement Co. disclosed the outcomes of the Ordinary General Assembly meeting, which took place at the company's headquarters in Turaif. The meeting saw a 17.6% attendance rate of shareholders, showcasing a strong interest in the company's affairs.
During the meeting, key members of the Board of Directors, including Eng. Mohammed Faiz Al dosari and Eng. Saud Saad Al Arifi, were present to discuss pivotal agenda items. The Audit Committee chairman, Eng. Ahmed Abdurhman Al Ubaid, and the Nominations and Awards Committee chairman, Mr. Ahmed Abdullah Balamash, also played a significant role in the proceedings.
Vital decisions were made, such as the approval of the external auditor report for the fiscal year ending 31 December 2025. Furthermore, the hiring of the company's auditor, RSM, for financial statement review was agreed upon with an allocated fee. The authorization to distribute interim dividends and delegate powers to the Board of Directors were also greenlit, signifying a forward-looking approach by the company. Investors and stakeholders can anticipate positive outcomes from these strategic moves by Northern Region Cement Co.
- 17.6% shareholders attended
- Board members and committee chairmen presence noted
In a technological breakthrough, the Northern Region Cement Co. disclosed the outcomes of the Ordinary General Assembly meeting, which took place at the company's headquarters in Turaif. The meeting saw a 17.6% attendance rate of shareholders, showcasing a strong interest in the company's affairs.
During the meeting, key members of the Board of Directors, including Eng. Mohammed Faiz Al dosari and Eng. Saud Saad Al Arifi, were present to discuss pivotal agenda items. The Audit Committee chairman, Eng. Ahmed Abdurhman Al Ubaid, and the Nominations and Awards Committee chairman, Mr. Ahmed Abdullah Balamash, also played a significant role in the proceedings.
Vital decisions were made, such as the approval of the external auditor report for the fiscal year ending 31 December 2025. Furthermore, the hiring of the company's auditor, RSM, for financial statement review was agreed upon with an allocated fee. The authorization to distribute interim dividends and delegate powers to the Board of Directors were also greenlit, signifying a forward-looking approach by the company. Investors and stakeholders can anticipate positive outcomes from these strategic moves by Northern Region Cement Co.
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