Al Rajhi Takaful approves board report, financials for FY19

27/04/2020 Argaam

Al Rajhi Company for Cooperative Insurance's (Al Rajhi Takaful) shareholders approved financial statements, board's report, and auditor's report for fiscal year ending Dec. 31, 2019, the company said in a bourse statement.

 

Shareholders also discharged board members from liability for FY2019, and appointed a new auditor for FY2020 and Q1 2021.

 

During the meeting, a new board member was appointed and the business contracts inked last year were also approved.

 

Board bonuses at SAR 1.107 million for FY2019 were also endorsed during the meeting.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.