Yamama Cement shareholders to vote on 2021 interim dividends, elect new board

Yamama Cement Co.’s shareholders are set to elect members of the board of directors for the new term starting on March 29, 2021 during the extraordinary general assembly meeting (EGM) that will be held on March 28, 2021.

Shareholders will also vote on amending articles of association related to the company’s name, purpose and ministration, in addition to powers of board chairman, shareholders rights and liability claims.

Meanwhile, they will vote on delegating the company’s board of directors to distribute interim dividends in a semi-annual or quarterly basis for 2021.

The general assembly will also vote on all other items on the meeting’s agenda including financial statements, board report and auditor’s report for the fiscal year 2020.

Shareholders will be able to participate and vote on agenda items through Tadawulaty services as of March 24.