Tasnee shareholders approve board, audit reports

National industrialization Co.’s (Tasnee) shareholders approved on Thursday audited financial statements and audit reports for the fiscal year that ended Dec. 31, 2017, the company said in a bourse statement.

Shareholders also approved the board report for the same period and discharged board members from liabilities during FY 2017.

https://www.argaam.com/en/tasi/tasnee/

The general assembly selected an external audit firm to audit the financial statements for Q2, Q3 2018 and for the fiscal year 2018 as well as Q1 2019.

The attendees also approved the payment of SAR 200,000 for each board member as remuneration for the same fiscal year.

Meanwhile, they approved amending the company’s corporate governance.