Alinma Tokio shareholders approve FY2019 board, audit reports

Alinma Tokio Marine Co.’s shareholders approved audited financial statements and audit report for the fiscal year 2019 during the extraordinary general assembly meeting held on June 7, 2020, the insurer said in a bourse statement.

Shareholders also approved the board report for the same period and discharged board members from liabilities during FY 2019.

In addition, they approved other items on the meeting’s agenda including appointing external auditor to audit the company’s financial statements for Q2, Q3, and Q4 2020, as well as FY2020 and Q1 2021.

Meanwhile, they approved related party transactions and bylaws amendment, and granted the board of directors the powers of the general assembly for 1 year or until the end of the current term, whichever is closer.