Amwaj International details shareholder approvals from Saudi Exchange filing

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Amwaj shareholder approvals details

Highlights

At Amwaj International's general assembly, 5,251,179 shares were represented, equaling 87.52% of voting rights, per Edaa's vote count.
Shareholders approved the 2025 external auditor's report with 97.12% support, and appointed Dr. Mohamed Al-Amri & Co. (BDO) as auditor for SAR 375,000 with 97.20% approval.
The board received general assembly powers regarding Article 27 of the Companies Law for one year, with 97.12% support and 2.88% opposition.

Voting breakdown and approved agenda items

As reported by Saudi Exchange, the addendum sets out the detailed vote counts for agenda items at Amwaj International's ordinary general assembly meeting, following the company's earlier notice published on Sept. 21, 2026. The company says 5,251,179 shares were represented at the meeting, equal to 87.52% of shares with voting rights, based on vote counting minutes issued by Securities Depository Center Company, Edaa.

Shareholders reviewed and discussed the board of directors' report and the financial statements for the fiscal year ended Dec. 31, 2025. They also approved the external auditor's report for that year, with 97.12% voting in favor and 2.88% against.

Investors further approved the appointment of Dr. Mohamed Al-Amri & Co. (BDO) as external auditor to examine, review and audit the financial statements for the period ending June 30, 2026 and the fiscal year ending Dec. 31, 2026. The appointment, including total fees of SAR 375,000, received 97.20% of votes in favor, with 2.80% abstaining.

Governance mandate and listed company context

Shareholders also approved authorizing the board of directors with the powers of the ordinary general assembly regarding the license set out in Paragraph 1 of Article 27 of the Companies Law. The authorization runs for one year from the date of general assembly approval or until the end of the authorized board's term, whichever comes first, and passed with 97.12% support and 2.88% opposition.

The filing reflects the formal governance process for a listed Saudi company, where assembly resolutions and vote breakdowns are disclosed through the market operator after the meeting. The notice also carries the standard statement that the issuer bears full responsibility for the accuracy and completeness of the information in the disclosure.

In our earlier article on Russia’s State Duma election outcome, we noted that pro-Kremlin parties secured a sweep after key opponents were jailed, exiled, or barred from running. We explained that the significance was less about the vote shares and more about how the result reinforces the Kremlin’s domestic control and its ability to demand greater public sacrifice as the war against Ukraine continues.

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