Takween approves FY19 financials, board report

04/05/2020 Argaam

Takween Advanced Industries' shareholders approved financial statements, board's report, and auditor's report for fiscal year ending Dec. 31, 2019 on the extraordinary general meeting (EGM) held on May 3, the company said in a bourse statement.

 

Shareholders also discharged board members from liability for FY2019, and appointed a new auditor for FY2020 and Q1 2021.

 

During the meeting, shareholders approved amending corporate governance regulations, as well as articles of incorporation, in addition to approving the business contracts signed between the company and other entities.

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