Ash-Sharqiyah Development shareholders refuse to discharge board from liabilities for 2021

Shareholders of Ash-Sharqiyah Development Co. refused to discharge board members from liabilities for 2021, during the ordinary general meeting (OGM) held on June 27, according to a bourse statement.

Meanwhile, they approved the company’s financial statements, as well as the board and auditor’s reports for 2021.

Shareholders also appointed an external auditor and setting their fees to examine and audit the financial statements for the second, third and fourth quarters of 2022, as well as the first quarter of 2023.