Riyadh – Mubasher: Al Kuzama Trading Company announced that its shareholders approved the appointment of Maham Professional Consulting as the external auditor during an ordinary general meeting held on 30 June 2026.
The auditor will review the interim financial statements for the first half (H1) of 2026 and the annual financial statements for the 2026 fiscal year, according to a bourse filing.
Al Khuzama Trading noted that the total fee for the auditor will stand at SAR 418,000.
The meeting resulted in the approval of the board of directors' report and financial statements for the 2025 fiscal year.
Shareholders also discharged the board members from liability for the 2025 annual period.
Furthermore, the assembly ratified several related party transactions conducted during 2025. These included sales of SAR 1.34 million to Raed Food Company, in which board members Abdullah Abdulrahman Al aqbani and Meshaal Nasser Al Shabib held indirect interests.
Other approved transactions involved sales to Al Hayat Investment Company totaling SAR 17,250 and direct sales to board members ranging from SAR 660 to SAR 20,700.
The company stated that all contracts were executed on a commercial basis without preferential terms.
