Tawuniya shareholders approve board remuneration

15/05/2019 Argaam

Shareholders of The Company for Cooperative Insurance (Tawuniya) have approved SAR 4.5 million in remuneration for the board of directors for the fiscal year 2018, the company said in a statement to Tadawul on Wednesday.

 

The general assembly also approved the board of directors’ report, the auditor’s report and financial statements for fiscal year 2018.

 

The board of directors was discharged from liability for the previous year.

 

An external auditor was also appointed for the current fiscal year, the insurer added.

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