Zamil Industrial Investment Co.’s shareholders have approved a board recommendation to hold off on issuing a cash dividend for fiscal year 2018, the company said in a bourse statement.
Shareholders have also elected members of the board of directors for the upcoming three-year term starting on May 1, 2019.
The new board includes Khalid Abdullah Hamad Al Zamil, Abdallah Saleh Jum’ah Al Dosari, Ahmed Abdullah Hamad Al Zamil, Adib Abdullah Hamad Al Zamil, Abdulla Mohammed Abdullah Al Zamil, Mohammed Ahmed Mahmoud Al Ghaith, Khalid Mohammed Saleh Al Fuhaid and Mohammad Sulaiman Mohammad Al Harbi.
Meanwhile, shareholders have approved all other items on the meeting’s agenda including related party transactions.
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