Dur shareholders to vote on dividend freeze for 2020 on May 25

Dur Hospitality Co. shareholders will vote on withholding dividend for 2020, during the ordinary general meeting (OGM) that will be held on May 25, 2021, according to a bourse filing.

Shareholders will also vote on approving the board and auditor reports along with financial statements for 2020.

They will also discuss the payment of SAR 1.8 million as remuneration for the board members for last year, and authorizing the board to distribute profits on a semi-annual or quarterly basis for 2021.

Shareholders will vote on the agenda items as of May 21, 2021, through the Tadawulaty services.