GACO to vote on FY19 financials, board report on June 9

Al Gassim Investment Holding Co.'s (GACO) shareholders will vote on financial statements, board's report, and auditor's report for fiscal year ending Dec. 31, 2019 on the ordinary general meeting (OGM) slated for June 9, the company said in a bourse statement.

Shareholders will also discharge board members from liability for FY2019, and form a new audit committee for the new three-year term ending Feb. 21, 2023.

During the meeting, shareholders will vote on the social responsibility policies.

Shareholders will participate in the meeting through electronic voting, in line with the Capital Market Authority's (CMA) circular issued, on March 16, enabling shareholders to participate and vote on general meeting agenda items through Tadawulaty system in line with the government’s efforts to prevent spread of coronavirus.