Riyadh — Mubasher: Horizon Educational Company has invited its shareholders to attend an Ordinary General Assembly meeting (OGM) scheduled for 19 November 2026 at 18:30 via modern technology, according to a bourse filing.
The meeting will address several key agenda items, including the election of board members for a new four-year term beginning on 8 December 2026 and ending on 7 December 2030.
Shareholders will also vote on business contracts conducted during 2026 with the Digital Encyclopedia Trading Company, in which Vice Chairman Ahmed Abdullah Al Kanhal holds an indirect interest.
These transactions, involving the purchase of computer equipment and educational supplies, reached a total value of SAR 818,810.
The assembly will further review the auditor's report and financial statements for the fiscal year (FY) which ended on 30 June 2026.
Additionally, the board is seeking authorization to distribute interim dividends on a quarterly or semi-annual basis for FY ending on 30 June 2027.
According to Article 32 of the company’s bylaws, the meeting requires a quorum representing at least 25% of the voting shares to be valid. Electronic voting is scheduled to commence at 01:00 on 15 November 2026.
