National Building shareholders to vote on board, audit reports on Aug. 13

National Building & Marketing Co.’s shareholders are set to vote on audited financial statements and audit report for the fiscal year 2019, during the ordinary general meeting (OGM) that will be held on August 13, 2020, the company said in a bourse statement on Thursday.

Shareholders will also vote on the board report for the same period, as well as discharging board members from liabilities during FY 2019.

They will vote on appointing an auditor to audit the company’s financial statements for Q2, Q3, Q4, FY2020, in addition to Q1 2021.

Shareholders will further vote on approving the board remuneration of SAR 135,000 for FY2019 and withholding cash dividend for FY 2019.

The general assembly will also endorse the formation of an audit committee for a three-year term ending January 28, 2020, in addition to determining its tasks and remuneration.