Al-Jouf Agricultural shareholders authorize board to pay interim dividends for 2021

Logo of Al-Jouf Agricultural 

Al-Jouf Agricultural Development Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2021, during the ordinary general meeting (OGM) held on June 23, according to a bourse statement.

Shareholders also endorsed discharging the board from liability for 2020.

Additionally, shareholders appointed Khalid bin Mohammed bin Abdullah Al Ali Al Araifi and Ahmed bin Ibrahim bin Mohammed Hijan as audit committee members, effective as of OGM date.

During the meeting, shareholders also approved board and audit reports, as well as financial statements for 2020.

Shareholders approved the appointment of Dr. Mohamed Al- Amri & Co. as an external auditor to review Q2, Q3, Q4, and 2021, and Q1 2022 financial statements, and ratify the fees.

Further, they ratified amending regulations of audit committee, nomination and remuneration committee, and executive committee.