| Element List | Explanation |
|---|---|
| Introduction | Makkah Construction & Development Co. (MCDC) announces the Board of Directors recommendation for non-distribution of cash dividends to shareholders for the fiscal year ended 30/04/1442H |
| Date of the board’s decision | 2021-03-08 Corresponding to 1442-07-24 |
| Reasons for Not Recommending Distribution | The company has not achieved profits this year, due to the repercussions of the Coronavirus pandemic. |
| Approvals | The recommendation will be presented in the next Ordinary General Assembly Meeting for approval |
| Additional Information | For inquiry, please call Department of Shareholders Affairs Tel: 0125570037 – Email: mosahem@mcdc.com.sa during the official working hours of the company from Sunday to Thursday 8:00 morning until 4:00 evening. |
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