Group Five shareholders to vote on 2021 financials, board report on June 26

Group Five Pipe Saudi Co.’s shareholders are set to vote on audited financial statements, as well as audit and board reports for 2021, during the ordinary general meeting slated for June 26.

In a bourse statement, the company said shareholders will vote on discharging board members from liabilities for 2021, as well as appoint an auditor to review financial statements for H1 2022 and 2022.

Shareholders will also discuss forming an audit committee for the three-year term starting from July 6, 2022, as well as disbursing SAR 472,205 as remuneration for board of directors for 2021.

Shareholders will participate and vote on the meeting agenda items through Tadawulaty system as of June 22.