Aqaseem shareholders approve 2021 board report, financial statements

Aqaseem Factory for Chemicals and Plastics Co.’s shareholders approved the board and auditor’s reports, as well as financial statements for 2021, during the extraordinary general meeting (EGM) held on June 29, the company said in a bourse statement.

Shareholders also discharged board members from liability for 2021 and appointed a new auditor to review financial statements for Q1, Q2, Q3, Q4 2022, and Q1 2023.

Shareholders further ratified amending Articles of Association related to the company’s name, shareholders’ register, management, vacancies, powers of the board, general meetings’ quorum, and dividend payment.