Yamama Cement shareholder approve board remuneration policy

Yamama Cement Co. (YSCC) shareholders have approved the updated regulations for the audit, nominations and remunerations committees, the cement producer said in a bourse statement. 

They also endorsed the updated policies for the board membership as well as the remuneration policy for board members and executives, during the ordinary general assembly meeting held on December 25, 2017.

Shareholders gave a go-ahead for the audit committee’s recommendation on appointing an external auditor for fiscal year 2018 and Q1 2019.