SAIC shareholders to vote on board, audit reports April 29

Saudi Advanced Industries Co.’s (SAIC) shareholders will vote on audited financial statements and audit report for the fiscal year 2018 during the general assembly meeting that will be held on April 29, the company said in a bourse statement.

Shareholders will also vote on the board report for the same period and discharging board members from liabilities during FY 2018.

Meanwhile, they will vote on all other items on the meeting’s agenda including delegating the board of directors to distribute cash dividend for FY 2019.