Riyadh – Mubasher: Rimath Hospitality Company has invited its shareholders to attend the extraordinary general meeting (EGM) scheduled for 4 November 2026.
The meeting will be conducted via modern technology at 19:00.
The primary agenda item is the election of board members from among 10 candidates for the upcoming four-year term.
Shareholders will also vote on amending Article 4 of the company’s bylaws to expand its business purposes.
The proposed amendments include adding land transport and freight activities under activity codes 492302 and 492300.
The assembly requires a legal quorum of shareholders representing at least 50% of the voting shares. If this quorum is not met, a second meeting will be held one hour later, requiring a 25% quorum.
Eligibility for attendance and voting is granted to shareholders registered with the Securities Depository Center at the end of the trading session preceding the meeting.
Electronic voting via the Tadawulaty platform is scheduled to begin on 31 October 2026.
In the first half (H1) of 2026, the company reported net losses of SAR 7.33 million, reversing a net profit of SAR 1.93 million a year earlier.
