GASCO shareholders authorize board to pay interim dividend for 2023

30/05/2023 Argaam

GASCO shareholders authorize board to pay interim dividend for 2023

Logo of National Gas and Industrialization Co. (GASCO)

National Gas and Industrialization Co.’s (GASCO) shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2023, during the ordinary general meeting (OGM) held on May 29.

 

Shareholders, however, disapproved appointing the company’s an auditor from among candidates to examine, review and audit the financial statements for Q2, Q3 and FY 2023, as well as Q1 2024, according to a statement on Tadawul.

 

A general assembly will be held to vote on the appointment of the company's auditor due to the lack of quorum.

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