Dar Alarkan appoints new auditors after approving 2014 statements

Shareholders of Dar Alarkan Real Estate Development Co. approved on Monday the board of directors’ report, an audit review, and all financial statements for 2014, the company said in a bourse statement.

Upon a recommendation by the firm’s audit committee, Al Krashi Certified Accountants and Mohammed Al Haij Certified Accountants were selected as external auditors for 2015.

The series of decisions came during the company’s ordinary general meeting (OGM) in Riyadh.

Shareholders were also said to have discharged board members from liability associated with their activities in 2014.