Al Khaleej Training to vote on 2.5% cash dividend for 2020 on May 25

Al Khaleej Training and Education Co.’s shareholders will vote on the board’s recommendation on paying cash dividend at 2.5%, or SAR 0.25 a share, totaling SAR 11.25 million for 2020, during the ordinary general meeting (OGM) slated for May 25, 2021.

Shareholders will also discuss the company’s financial statements, as well as board and auditor’s reports for 2020, according to a bourse filing.

Additionally, they will vote on discharging board members from liability for 2020, in addition to paying a board remuneration of SAR 900,000 for last year.

During the meeting, shareholders will vote on appointing an external auditor to review financial statements for Q2, Q3 and Q4 2021 and Q1 2022.

Shareholders can vote on the agenda items as of May 21, 2021, through Tadawulaty services.