Alhokair shareholders approve annual reports for FY18

Fawaz Abdulaziz Alhokair Co.’s (Alhokair) shareholders approved on Tuesday audited financial statements and audit report for the fiscal year ended March 31, 2018, 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 2017/2018.

 Meanwhile, they approved all other items on the meeting’s agenda including appointing KPMG accounting firm as an external auditor, board remuneration, appointing a board member and related party transactions.