Saudi Parts Center shareholders authorize board to pay 2022 interim dividend

30/06/2022 Argaam

Logo of Saudi Parts Center Co. (SPC)

Saudi Parts Center Co.’s (SPC) shareholders authorized the board of directors to pay an interim cash dividend on a semi-annual or quarterly basis for 2022, during the extraordinary general meeting (EGM) held on June 29, according to a bourse filing.

 

Shareholders approved the board and auditor’s reports as well as financial statements for 2021. They also appointed KPMG as new auditor to review the semi-annual and annual financial statements for 2022, and ratified the disbursement of SAR 79,833 in remuneration to a board member.

 

Shareholders further endorsed amending some Articles of Association as well as the audit committee regulations, and greenlit the business contracts inked with other entities. 

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