Alandalus Property shareholders to vote on 2021 board, audit reports on May 15

Alandalus Property Co.’s shareholders will vote on financial statements, as well as board and audit reports for 2021, during the ordinary general meeting (OGM) slated for May 15, the company said in a bourse statement.

Shareholders will also discuss discharging board members from liabilities for 2021 and paying them SAR 2.713 million as remuneration for the same year.

The agenda items include voting on the business contracts concluded with related parties and voting on appointing an auditor to review financial statements for Q2, Q3, and 2022, as well as Q1 2023.