An Ordinary General Assembly Meeting of The United Electronic Company "Extra" was held on March 18th, 2012 and has announced the following decisions:
1- Approving the board of director's annual report, Auditor's report and Audited financial statements of the company as of 31/12/2011, As well as discharging the BOD members of responsibility for the fiscal year ended 31/12/2011.
2- SAR 60m (25% of paid in capital) dividends declaration as recommended by the BOD for registered shareholders at the end for the meeting day at SAR 2.5 per share.
3- The appointment of Deloitte and Touche accounting firm to audit the financial statements for the year ending 31/12/2012 and interim financial statements of the year 2012
4- Approving all related parties transactions that have taken place during the fiscal year of 2011
5- The adoption of the governance regulations of the company.
6- The appointment of Mr. Abd AlMohsen Al Essa as an independent director in the BOD to fill one of the two vacant seats in the board; Nomination for the remaining vacancy will be done later.
Comments
{{DisplayName}}
{{ElapsedTime}}