Shaker shareholders to vote on board, audit reports on May 14

Al Hassan Ghazi Ibrahim Shaker’s (Shaker) shareholders will vote on audited financial statements and audit report for the fiscal year 2019 during the ordinary general meeting (OGM) that will be held on May 14, 2020, the company said in a bourse statement.

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.

In addition, shareholders will vote on board of directors’ remuneration of SAR 1.6 million for 2019.

Shareholders will be able to participate and vote on agenda items starting May 10, 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.