Bawan shareholders to vote on interim dividends for 2020 on May 13

Bawan Co.’s shareholders are set to vote on authorizing the board of directors to distribute interim dividends on a semi-annual and quarterly basis for the fiscal year 2020, during its general assembly meeting to be held on May 13.

The company said in a statement to Tadawul that shareholders will also vote on audited financial statements, as well as audit and board reports for the fiscal year 2019.

Moreover, shareholders will vote on appointing an external auditor and discharging board members from liabilities for FY2019.

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.