Gulf Union Alahlia shareholders to vote on 2021 board, audit reports on June 28

Gulf Union Alahlia Cooperative Insurance Co.’s (Gulf Union Alahlia) shareholders will vote on the board and audit reports, and financial statements for 2021, during ordinary general meeting (OGM) to be held on June 28.

Shareholders will vote on the payment of SAR 1.2 million as remuneration for board members and discharge them from liabilities for 2021.

They will also vote on appointing an external auditor to audit the company’s financial statements for Q2, Q3, and 2022, and Q1 2023.

Other meeting agenda items include voting on business contracts concluded with other companies.

Electronic voting on the meeting agenda will start on June 24, the insurer said.