Dallah shareholders authorize board to pay interim dividends for FY2020

21/04/2020 Argaam

Dallah Healthcare Co.’s shareholders approved authorizing the board to pay interim dividend for the fiscal year 2020 on a semi-annual basis, during the company's ordinary general meeting held on April 20.

 

Dallah said in a bourse filing that the distribution is subject to the rules and regulations of the Companies Law, the company’s cash flows, as well as its expansion and investment plans.

 

Shareholders also approved audited financial statements, as well as board and audit reports for the fiscal year 2019.

 

In addition, they discharged board members from liabilities for the same period and appointed an external auditor for FY2020 and Q1 2021.

 

Board bonuses at SAR 1.8 million for FY2019 were also endorsed during the meeting.

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