Al-Baha to vote on 2020 board, audit reports on June 30

Al-Baha Investment and Development Co.’s shareholders will vote on financial statements, and board and audit reports for 2020, during the ordinary general meeting (OGM) slated for June 30, 2021.

Shareholders will vote on appointing an external auditor to review financials for Q2, Q3, Q4 and 2021, and Q1 2022, and discharging board members from liability for 2020.

Additionally, they will discuss delegating the authorization powers, as stipulated in the Companies Law, to the company's board of directors, for a period of one year starting from the OGM date or until the end of the delegated board of directors’ session, whichever is earlier.

Shareholders can vote on the EGM agenda as of June 26, 2021, through Tadawulaty system.