Saudi Fisheries shareholders approve board, auditor reports for 2020

31/05/2021 Argaam

Saudi Fisheries Co.’s (Alasmak) shareholders approved the board and auditor reports, as well as financial statements, for 2020, during the extraordinary general meeting (EGM) held on May 30, 2021.

 

They endorsed the payment of SAR 950,000 in board bonuses for 2020, discharging board members from liability for last year, and appointing an external auditor to review financials for Q2, Q3, Q4 2021 and Q1 2022.

 

In addition, shareholders approved amending Articles of Association related to company incorporation, purposes, ownership, headquarters, share capital, subscription of shares, share trading, share sale and mortgage etc.

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