Arab Sea shareholders approve board, audit reports for 2021

07/06/2022 Argaam

Arab Sea Information System Co.’s shareholders approved the board and auditor reports, and financial statements for 2021, during the ordinary general meeting (OGM) held on June 6, according to a bourse filing.

 

Shareholders also approved the payment of SAR 1 million as remuneration for board members and discharged the board members from liability for 2021.

 

Meanwhile, they ratified the appointment of Allied Accountants (RSM) as an external auditor to review and audit the company’s financial statements for Q2, Q3 and 2022, as well as Q1 2023.

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