Riyadh - Mubasher: Tihama Advertising and Public Relations Company will hold its ordinary general meeting (OGM) on 4 September, according to a bourse filing issued on Tuesday.
The OGM will discuss the board’s recommendation to offset accumulated losses using all of the reserves balance which amounts to SAR 30.1 million ($8.03 million).
Moreover, the company will also discuss the financial results for the fiscal year ended 31 March 2016, according to the company’s statement.
On 7 August, the Saudi Stock Exchange (Tadawul) suspended trade on Tihama’s stocks until the company reviews its financial statements.
