NADEC shareholders to vote on 2020 financials, board report on April 22

01/04/2021 Argaam

National Agricultural Development Co.'s (NADEC) shareholders will vote on financial statements and audit report for 2020, during the ordinary general meeting (OGM) that will be held on April 22, 2021.

 

They will also vote on the board report for the same period and discharging board members from liabilities during 2020.

 

Shareholders will vote on paying a remuneration of SAR 1.75 million to the board members for 2020, as well as appointing an external auditor.

 

They will also ratify business and contracts concluded by the company, in addition to allowing the company vice-chairman Ibrahim bin Mohammed Abo Abat to participate in competing businesses.

 

Shareholders will vote on the agenda items as of April 18, 2021, through the Tadawulaty services.

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