Salama shareholders to vote on board, audit reports for 2020 on June 13

10/05/2021 Argaam

Salama Cooperative Insurance Co.’s shareholders will vote on board and auditor reports as well as financial statements for 2020, during the extraordinary general meeting (EGM), slated for June 13, 2021, the insurer said in a bourse filing.

 

Shareholders will also vote on appointing an external auditor to review financials of Q2, Q3, Q4 2021, and Q1 2022, discharging board members from liability for last year and amending company’s bylaws, the statement added.

 

During the meeting, shareholders will also discuss paying SAR 1.2 million in board remuneration for 2020.

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