Chemanol shareholders approve board, audit reports

15/05/2018 Argaam

Methanol Chemicals Co.’s (Chemanol) shareholders on Monday approved audited financial statements and audit report for fiscal year 2017, the company said in a bourse statement.

 

Shareholders also approved the board report for the same period and discharged board members from liabilities during FY17.

 

Meanwhile, they approved all other items on the agenda including appointing an external auditor, board remuneration, and related party transactions.

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