Arab Sea Information Systems Co.'s shareholders discharged board members from liability for the FY ending Dec. 31, 2019, during the ordinary general meeting (OGM) held yesterday, the company said in a bourse statement.
However, shareholders disapproved a board remuneration of SAR 200,000 for the same year.
Shareholders also approved the board's as well as the auditor's reports, in addition to financial statements for the FY ending Dec. 31, 2019.
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