Tawuniya shareholders to vote on board, audit reports on May 3

The Company for Cooperative Insurance’s (Tawuniya) shareholders will vote on audited financial statements and audit reports for the fiscal year 2019, during the extraordinary general meeting that will be held on May 3, according to a bourse filing on Thursday.

They will also vote on the board report, appointing an external auditor, discharging board members from liabilities for FY2019, in addition to a board remuneration of SAR 4.602 million for the full year.

Shareholders will participate and vote on the meeting agenda items through Tadawulaty system, 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.