Riyadh — Mubasher: The board members of Hamad Mohammed Bin Saedan Real Estate Company invited its shareholders to an Ordinary General Assembly meeting (OGM) scheduled for 22 October 2026.
A primary agenda item is the proposal to distribute SAR 7.06 million in cash dividends for the fiscal year ended on 31 December 2025, according to a bourse filing.
The proposed payout represents SAR 0.25 per share, equivalent to 2.50% of the nominal share value.
Eligibility for the distribution will be determined by the shareholdings at the close of trading on the day of the assembly meeting. Payment is scheduled to be processed within 15 business days following the eligibility date.
Shareholders will also vote on electing board members for a new four-year term commencing 31 January 2027 and concluding 30 January 2031.
Additionally, the assembly will consider a SAR 500,000 bonus for board members for the 2025 fiscal year and a proposal to amend the use of capital increase proceeds originally approved on 14 September 2025.
The meeting will be held at the company’s headquarters in Riyadh and via electronic platforms, with a quorum requirement of 25% of voting shares.
