Title :

Announcing the Resolutions of Board Meeting AL BATINAH DEVELOPMENT & INVESTMENT HO.

Content :

The board of directors discussed the topics listed on the agenda in its meeting no. 1 held on 25/02/2026 and passed the following resolutions.

Date: February 25, 2026

Disclosure of Board of Directors' decisions

The Board of Directors held there meeting on Wednesday date 25/2/2026 and issued the following decisions:

1.   approved the audited consolidated financial statements for the year ended 31 December 2025, Auditors report, Director's report, Corporate Governance report, Discussion and Analysis report and recommended these reports for approval from the AGM which will be held on 24 March 2026.

 

2.   In implementation of the expenditure rationalization plan, the BOD approved to merger the trade activities of the subsidiary company Al Batinah Real Estate Development LLC, with the trade activities of the subsidiary company, Al Batinah Shipping and Handling LLC, and cancellation of the commercial registration of Al Batinah Real Estate Development LLC.

3.   Approval of the dividend distribution policy

The Financial Statements and the other reports will be uploaded on Muscat stock exchange (MSX) website during the coming period.

Best regards,            

 

*Board meeting resolutions have to be disclosed one hour, at least, before the beginning of the next day trading session.