شركة مشارق

Quick and clear answers to shareholders’ questions

When does the fiscal year of the Company of Mutawwifs for Pilgrims from Southeast Asia start?

  • The company’s fiscal year begins on January 1 and ends on December 31 of each calendar year. The first fiscal year starts from the date of its registration in the commercial register as a joint-stock company and ends on December 31 of the current year, corresponding to 2025.

When is the annual Ordinary General Assembly held?

  • The annual Ordinary General Assembly is held at least once within six months following the end of the company’s fiscal year. Additional ordinary general assemblies may be convened whenever necessary.

What are the timing and rules for dividend distribution?

  • Announcement of the assembly date.
  • Holding the Ordinary General Assembly.
  • Approval of the dividend distribution item.
  • Implementation of the General Assembly’s decision.

What are the rules for interim dividend distribution?

  • The Ordinary General Assembly delegates the Board of Directors to distribute interim dividends via a decision renewed annually.
  • The company must have reasonable liquidity and be able to forecast its profits.
  • The company must have distributable profits available.
  • The company announces the timing of the interim dividend distribution.

What are the communication channels with the Shareholders Affairs Department?

  • In-person at the company headquarters (Shareholders Affairs Department).
  • Remotely via direct phone: 0125459922, extension 2.
  • Remotely via email: CRM@MASHARIQ.COM.SA.
  • Remotely via a shareholder ticket through the company website (Shareholders section – Contact).