Saudi Fisheries shareholders approve 2021 financials, board report

Saudi Fisheries Co.’s shareholders approved financial statements, as well as the board and audit reports for 2021, during the ordinary general meeting (OGM) held on June 1, the company said in a bourse statement.

They also approved discharging board members from liability for the same period and paying them SAR 950,000 in remuneration for the same year.

An external auditor was appointed to review the company’s financial statements for Q2, Q3, and Q4 2022, as well as Q1 2023.

The shareholders also approved delegating the OGM powers to the board of directors for one year from the shareholders’ approval date or until the end of the board term, whichever is earlier, the company added.