Al-Jouf Agricultural Development Co.’s shareholders are set to vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2022, during the general assembly meeting to be held on May 12.
The company said in a statement to Tadawul that shareholders will also vote on financial statements, as well as audit and board reports for 2021.
Moreover, shareholders will vote on discharging board members from liabilities for 2021.
They will also vote on appointing an auditor to examine, review, and audit the Q2, Q3 and annual financial statements for 2022, along with Q1 2023. Auditor's remuneration is also set to be determined during the meeting.
Shareholders will participate and vote on the meeting agenda items through Tadawulaty system, as per the Capital Market Authority (CMA) directives, 2020, in line with the government’s efforts to prevent the spread of coronavirus.
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