Tasnee elects board members, approves audit reports

National Industrialization Co.’s shareholders have elected board members for the upcoming three-year term starting on July 6, 2019, the company said in a bourse statement.

The new board includes Mubarak bin Abdullah Al-Khafrah, Abdullatif bin Khalifa Al Mulhim, Musaab Al-Muhaidib, Badr Al Dakheel, Nazeeh bin Hassan Naseef, Saud bin Suleiman Al-Jahani, Talal Bin Ibrahim Al-Mayman, Talal Al Shair, Abdulrahman S. Al Sayari and Ibrahim Ali Al-Qadhi.

Shareholders have approved audited financial statements and audit report for the fiscal year 2018 during the general assembly meeting held on April 24.

They have also approved the board report for the same period and discharging board members from liabilities during FY 2018.

Meanwhile, they have approved all other items on the meeting’s agenda including related party transactions.