Hail Cement shareholders approve board, audit reports

30/04/2018 Argaam

Hail Cement Co.’s shareholders approved on Sunday audited financial statements and audit report for the fiscal year ended December 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.

 

They approved a board remuneration of SAR 2.2 million for the fiscal year 2017.

 

Meanwhile, they approved all other items on the meeting’s agenda including appointing an external auditor and related party transactions.

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