MEDGULF shareholders to vote on 2020 board, auditor reports on June 30

08/06/2021 Argaam

The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) shareholders will vote on the board and auditor reports, as well as financial statements, for 2020, during the ordinary general meeting (OGM) scheduled for June 30, 2021, according to a bourse filing.

They will vote on the payment of SAR 4.03 million as remuneration to board members for 2020, as well as appointing an external auditor to review and audit the financial statements for Q2, Q3 and 2021 and Q1 2022.

In addition, shareholders will endorse business contracts concluded by the company with other parties.

The e-voting on agenda items will start on June 24, 2021.


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