Kingdom Holding shareholders to vote on interim dividends for 2020 on June 30

09/06/2020 Argaam

Shareholders of Kingdom Holding Co. (KHC) will vote on authorizing the board of directors to distribute interim dividends on a semi-annual and quarterly basis for the fiscal year 2020, during the general meeting to be held on June 30.

 

Shareholders will also vote on the 5% dividend distributed for the fiscal year 2019, as well as the financial statements and audit report for the same period, the company said in a bourse statement.

 

They will also discuss the board report and discharge board members from liabilities for the same fiscal year.

 

Meanwhile, shareholders will vote on other agenda items, including the appointment of an external auditor for Q2, Q3, Q4 2020 and Q1 2021, and SAR 1600,000 in board remuneration, the statement added.

 

Shareholders registered in the Tadawulaty system will be able to participate and vote on the agenda items as of Friday, June 26.

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