Bawan shareholders approve board remuneration

30/05/2018 Argaam

Bawan Co. shareholders have approved SAR 1.75 million in remuneration for the board of directors for the fiscal year 2017, the company said in a statement to Tadawul on Wednesday.

 

The general assembly also approved the board of directors’ report, the auditor’s report and the financial statements for fiscal year 2017.

 

The board of directors was discharged from liability for the previous year, and was authorized to distribute interim dividends for the current year.

 

An external auditor was also appointed for the current fiscal year.

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