National Gypsum shareholders approve board, audit reports

National Gypsum Co.’s shareholders approved audited financial statements for the fiscal year ended Dec. 31, 2017, during the general assembly on Thursday, the company said in a bourse statement.

Shareholders also approved the FY 2017 board and audit reports and discharged board members from liabilities during the same period.

Meanwhile, the assembly selected Al Kharashi & Co. Certified Accountants to audit the interim and annual financial statements 2018.

It also approved related party transactions to take place with Qatari Saudi Gypsum Industries Co.