Al Rajhi Takaful to vote on board, audit reports on April 26

Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful)’s shareholders will vote on audited financial statements, as well as audit and board reports for the fiscal year 2019, during the ordinary general meeting that will be held on April 26, according to a bourse filing on Wednesday.

Moreover, shareholders will vote on appointing an external auditor for FY 2020 and Q1 2021, discharging board members from liabilities for FY2019, in addition to a board remuneration of SAR 1.107 million for the full year.

Shareholders will participate and vote on the meeting agenda items through Tadawulaty system from April 22 - 26, as per the Capital Market Authority’s (CMA) circular issued on March 16, in line with the government’s efforts to prevent the spread of coronavirus.