Riyadh — Mubasher: Tihama Advertising, Public Relations and Marketing Company announced that its shareholders approved the appointment of Ibrahim Ahmed Al Bassam & Co. as the external auditor during an ordinary general assembly meeting (OGM) held on 30 September 2026.
The auditor will review the financial statements for the second, third, and annual periods of the fiscal year (FY) ending on 31 March 2027, and the first quarter (Q1) of the following year.
Tihama Advertising noted that it will pay a total fee of SAR 678,000 to Ibrahim Ahmed Al Bassam for the auditing service.
The OGM recorded a 22.84% attendance rate and saw the approval of SAR 1.13 million in total remuneration paid to board members for the period from 27 November 2024 until the end of FY25/26, which last day fell on 31 March 2026. This resolution passed with 90.52% of the votes.
Furthermore, shareholders ratified the appointments of Fahad Abdullah Al Khunaini and Ahmed Mohammedmaki Al Sawaf as independent board members. Both will serve until the current board term expires on 26 November 2027.
The assembly also reviewed and approved the board and auditor reports, alongside the financial statements for FY25/26.
