Saudi Catering authorizes board to pay interim dividends for 2021

Saudi Airlines Catering Co.’s shareholders approved authorizing the board to pay interim dividend for 2021 on a quarterly or semi-annual basis, during the ordinary general meeting (OGM), held on May 5, 2021, the company said in a bourse filing.

Shareholders also ratified the board and auditor reports as well as financial statements for 2020, and discharged board members from liability for the same year. Additionally, they appointed an external auditor to review financials for Q2, Q3, Q4 2021 and Q1 2022.

Shareholders also endorsed the payment of SAR 3.8 million in board remuneration for 2020, and approved the transactions and contracts concluded with other companies.