Thob Al Aseel shareholders authorize board to pay interim dividends for 2021

Thob Al Aseel Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2021, during the ordinary general meeting (OGM) held on June 28, according to a bourse filing.

Shareholders approved board and audit reports, and financial statements for 2020, and discharged board members from liability for the same year.

They further appointed PwC as an external auditor to review financial statements for Q2, Q3, Q4 2021, and Q1 2022, and ratified the payment of SAR 1,008 in board remuneration for 2020.

Additionally, shareholders endorsed the appointment of Tariq AlTwijrey as an audit committee member, and approved business contracts with other parties.