Riyadh – Mubasher: Mayar Holding Company recently announced the recommendation of its board members to the General Assembly to approve the reclassification of SAR 13.59 million as of 30 June 2026 from the Additional Contributions account to the Retained Earnings account within equity.
The amount represents the entire remaining balance of the additional contributions made by Taya Holding Company, according to a bourse filing.
The board proposal was made during its meeting held on 21 September 2026.
Mayar Holding added that the reclassification shall be recognized, presented, and disclosed in the financial statements in accordance with the accounting standards approved in Saudi Arabia.
