Wafrah shareholders reject discharging board from liability for 2020

02/06/2021 Argaam

Logo of Wafrah for Industry and Development Co.

Shareholders of Wafrah for Industry and Development Co. rejected discharging members of the board of directors from liabilities for 2020 during the ordinary general assembly meeting (OGM) held on June 1, 2021, the company said in a bourse statement

 

However, they approved board and audit reports, as well as financial statements for 2020, in addition to endorsing the audit committee’s recommendation to appoint an external auditor to review Q2, Q3, Q4 2021 and Q1 2022 financials.

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