AlBaha Investment & Development Co.’s shareholders approved audited financial statements and audit report for the fiscal year 2019 during the ordinary general assembly meeting held on June 8, 2020, the company said in a bourse statement.
Shareholders also approved the board report for the same period and discharged board members from liabilities during FY2019.
In addition, they approved other items on the meeting’s agenda including appointing AlAzem, AlSudairy, AlShaikh & Partners CPA as an external auditor to audit the company’s financial statements for Q2, Q3, and Q4 2020, as well as FY2020 and Q1 2021.
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