Riyadh – Mubasher: Abdullah Saad Mohammed Abo Moati for Bookstores announced the results of its ordinary general assembly meeting held on 28 September 2026.
The meeting, conducted via modern technology, reached a legal quorum during the second session with an attendance rate of 15.90% of the company's shares.
Shareholders voted to authorize the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year ending 31 March 2027, with a 99.65% approval rate.
The assembly also approved the disbursement of SAR 900,000 as annual remuneration for board members for the fiscal year ended on 31 March 2026.
Additionally, the assembly appointed RSM Allied Accountants as the external auditor to review financial statements for the second and third quarters of 2026, the fourth quarter of 2027, and the annual period from 1 April 2026 to 31 March 2027.
The auditor's fees were set at SAR 360,000. The appointment received 95.32% support among the candidates.
Shareholders also reviewed and discussed the board and auditor reports for the fiscal year ended 31 March 2026.
