Etihad Atheeb approves FY2020 board, audit reports

07/09/2020 Argaam

Etihad Atheeb Telecommunication Co.’s (GO) shareholders approved board as well as audit reports, and financial statements for the fiscal year ended March 31, 2020, during the extraordinary general meeting (EGM) held on Sept. 6, 2020, the company said in a bourse statement.

 

Shareholders also discharged board members from liability for the same FY and approved the appointment of an external auditor for FY 2020/2021 and Q1 of 2021/2022.

 

In addition, shareholders endorsed the appointment of three board members and an audit committee member for the current board term ending Oct. 25, 2020.

 

Business contracts inked with other parties were also approved during the meeting, in addition to endorsing the amendment of several articles of incorporation.

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