Al Hammadi shareholders approve board, audit reports for FY2019

04/05/2020 Argaam

Al Hammadi Company for Development and Investment’s shareholders approved audited financial statements and audit report for the fiscal year 2019, during the ordinary general assembly meeting held on May 3, 2020.

 

Shareholders also approved the board report for the same period, discharging board members from liabilities during FY2019, as well as the board of directors’ remuneration of SAR 1 million for 2019.

 

Meanwhile, they approved appointing Al Azem, Al Sudairy, Al Shaikh & Partners CPA's & Consultants as an external auditor to audit financial statements for Q2, Q3, Q4, FY2020 and Q1 2021.

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