Aslak shareholders to vote on interim dividends for 2020 on June 29

United Wire Factories Co.’s (Aslak) 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 the general assembly meeting to be held on June 29.

Shareholders will also vote on business contracts signed with Romoz Company for Trade in 2019, worth SAR 8.7 million, which include sales on commercial terms and without preferential conditions.

Shareholders will participate in the meeting through electronic voting as of June 25, 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.