Saudi Chemical to start e-voting for OGM on May 22

23/05/2021 Argaam

Saudi Chemical Co.'s shareholders will start on May 22, 2021, the electronic voting on the agenda of the ordinary general assembly meeting (OGM) scheduled for May 26, according to a bourse filing.

 

Shareholders will vote on the board of directors' recommendation on paying 5% cash dividend, or SAR 0.5 per share, amounting to SAR 42.16 million, for 2020.

 

Shareholders will also vote on approving the board and audit reports, as well as financial statements for 2020.

 

Moreover, they will discuss approving the payment of SAR 2.25 million as remuneration for board members for 2020 and authorizing the board to distribute interim dividends on a quarterly or semi-annual basis for 2021.

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