Amiantit shareholders to vote on board, audit reports on April 28

Saudi Arabian Amiantit Co.’s (Amiantit) shareholders will vote on audited financial statements and audit report for the fiscal year 2019 during the general meeting that will be held on April 28, 2020, the company said in a bourse statement.

Shareholders will be able to participate and vote on agenda items through Tadawulaty services offered by the Securities Depository Center Co. (Edaa), in line with the Capital Market Authority’s (CMA) decision to suspend personal attendance at general meetings to contain the spread of Coronavirus.

They will also vote on the board report for the same period, discharging board members from liabilities during FY 2019, as well as appointing an external auditor for FY2020 and Q1 2021.

Meanwhile, shareholders will vote on board of directors’ remuneration of SAR 1 million for 2019 and corporate governance regulations.