Riyadh – Mubasher: Dr. Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group) announced that its ordinary general meeting (OGM) has approved a cash dividend distribution of SAR 75.90 million for the fiscal year ended 31 December 2025.
The payout corresponds to SAR 0.33 per share, representing 33% of the nominal value. Eligibility for the distribution is set for 15 business days following the assembly date, according to a bourse filing.
During the meeting, which recorded an attendance rate of 85.04%, shareholders approved the appointment of Ernst & Young Professional Services as the external auditor for 2026 and the first quarter (Q1) of 2027 for a fee of SAR 1.71 million.
The assembly also cleared a board remuneration of SAR 1.85 million for 2025.
While several related-party contracts were approved, shareholders rejected two specific items involving equity transfers from related parties.
The ratified transactions included a proposed SAR 2.53 million transfer of a 30% stake in Al Farabi Distinguished Healthcare Company and a SAR 71,337 transfer of a 10% stake in Dr. Soliman Abdel Kader Fakeeh Family Medicine Centers.
Consequently, the company confirmed it will not proceed with these transactions in accordance with Article 67 of the Implementing Regulation of the Companies Law for Listed Joint Stock Companies.
Earlier in June, Fakeeh Care Group entered into a Sharia-compliant credit facility agreement valued at SAR 1.25 billion with the Saudi National Bank (SNB).
