SACO’s shareholders approve board, audit reports

14/05/2018 Argaam

Saudi Company for Hardware’s (SACO) shareholders on Sunday approved audited financial statements and audit report for fiscal year 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.

 

In addition, the extraordinary general assembly approved all other items on the agenda including appointing an external auditor, board remuneration, cash dividend for FY 2017, and related party transactions.

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