Hail Cement Co.’s shareholders approved on Sunday audited financial statements and audit report for the fiscal year ended December 31, 2017, the company said in a bourse statement.
Shareholders also approved the board report for the same period and discharged board members from liabilities during FY 2017.
They approved a board remuneration of SAR 2.2 million for the fiscal year 2017.
Meanwhile, they approved all other items on the meeting’s agenda including appointing an external auditor and related party transactions.
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