CHUBB Arabia shareholders to vote on dividend freeze for 2021 on May 31

CHUBB Arabia Cooperative Insurance Co.’s shareholders are set to vote on dividend freeze for 2021, during the ordinary general meeting slated for May 31, the company said in a bourse statement.

Shareholders will also discuss financial statements, as well as audit and board reports for 2021.

They will also vote on appointing an auditor to review financial statements for Q2, Q3, and 2022, and Q1 2023, in addition to disbursing SAR 3 million as remuneration for each board member for 2021.

Furthermore, they will vote on the business and contracts concluded with other companies.

Shareholders will e-vote on the meeting agenda items via Tadawulaty system as of May 27.