Saudi Paper shareholders deny approval for board report, bonus for 2020

27/04/2021 Argaam

Logo of Saudi Paper Manufacturing Co.

Saudi Paper Manufacturing Co.’s shareholders, during the ordinary general assembly meeting (OGM) held on April 26, 2021, refused approval for the board of directors' report for 2020.

 

Shareholders also did not approve the disbursement of SAR 810,000 bonus to board members for 2020.

 

However, they approved all other agenda items, including electing members of the board for the upcoming three-year term starting on April 27, 2021.

 

Members of the board include Abdullah Alkharashi, Abdul Aziz Al-Mishaal, Abdul Rahman Al-Mishaal, Abdul Majeed Al-Abd Al-Wahhab, Bashar Aba Al-Khail, Hani Al-Zaid, and Wael Al Bassam.

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