Al-Omran shareholders approve board, audit reports for 2020

Al-Omran Industries and Trading Co.’s shareholders approved the board and audit reports, as well as financial statements for 2020, during the ordinary general assembly meeting (OGM) held on June 15, according to a bourse filing.

Shareholders also approved the appointment of Sami Mohamed Al-Shiha as a member of the audit committee, effective as of Sept. 2, 2020, until the end of the current committee’s term on Sept. 18, 2022.

They also absolved the members of the board of directors from liabilities for 2020, and approved business and contracts that were concluded between the company and Abaad Real Estate Investment Co.