Tawuniya shareholders approve 2021 financials, board report

19/05/2022 Argaam

The Company for Cooperative Insurance (Tawuniya) shareholders approved audited financial statements, as well as auditor and board reports for 2021, during the extraordinary general meeting (EGM) held on May 18, the company said in a bourse statement.

 

Shareholders also discharged board members from liabilities for 2021 and appointed an auditor to review financial statements for Q2, Q3, Q4 2022, and Q1 2023, the statement added.

 

Furthermore, shareholders approved to amend some articles of association and disburse SAR 5.29 million as remuneration for board members for 2021.

 

They also approved various business transactions and contracts concluded with other companies.

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