Riyadh — Mubasher: Hamad Mohammed Bin Saedan Real Estate Company commenced voting for its Ordinary General Meeting (OGM) scheduled for 22 October 2026.
Shareholders are set to vote on a board recommendation to distribute SAR 7.06 million in cash dividends for the fiscal period ended on 31 December 2025.
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 shareholding records at the end of the meeting day, with payments to be processed within 15 business days of the eligibility date.
The assembly agenda also includes a vote on a SAR 500,000 bonus for board members for the 2025 fiscal year and the election of a new board of directors for a four-year term beginning 31 January 2027 and ending 30 January 2031.
Additionally, shareholders will review a proposal to amend the use of capital increase proceeds originally approved on 14 September 2025.
Electronic voting through the Tadawulaty platform remains open until the conclusion of the meeting.
The company logged a net profit of SAR 12.13 million as of 30 June 2026, representing a 96.10% increase from the SAR 6.19 million in the first half (H1) of 2025.
