Zamil Industrial shareholders approve board, audit reports for 2020

Zamil Industrial Investment Co.’s shareholders approved the consolidated financial statements, as well as board and audit reports for 2020, during the ordinary general meeting held on May 6, 2021, the company said in a bourse statement.

Shareholders also approved discharging members of the board of directors from liabilities during 2020 and payment of board remuneration of SAR 1.6 million for last year.

Meanwhile, they ratified other items on the meeting’s agenda including related party transactions.