Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Al Jouf Cement Co.’s 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 June 11.
2) Solidarity Saudi Takaful Co.’s shareholders are set to elect board members for the upcoming three-year term on June 9, 2019.
3) National Gas & Industrialization Co. (GASCO) has recommended a 4.25 percent quarterly cash dividend for the second quarter, third quarter and fourth quarter of the fiscal year 2019, at SAR 0.425 per share, amounting to SAR 31.875 million each quarter.
4) Allied Cooperative Insurance Group’s (ACIG) shareholders have elected members of the board of directors for the upcoming three-year term starting on May 18, 2019.
5) Abdullah A. M. Al-Khodari Sons Co. has withdrawn from the obstetrics and gynecology hospital project in Qatif, the company said in a bourse statement.
6) Brent crude on Friday dropped 41 cents to reach $72.21/bbl, while WTI crude also decreased 11 cents to $62.76/bbl.
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