Thob Al Aseel to vote on interim dividend for 2021 on June 28

Thob Al Aseel Co.’s shareholders are set to vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2021, during the ordinary general assembly meeting (OGM) scheduled for June 28, 2021.

The company said in a bourse statement that shareholders will vote on the board and audit reports, and financial statements for 2020, as well as discharge the board members from liability for the same year.

They will also vote on the appointment of an external auditor to audit the financial statements for Q3, Q4, and 2021, and Q1 2022, and determine their fees, in addition to payment of a remuneration of SAR 100,800 to the board members for 2020.

Other items on the meeting’s agenda include appointing Tariq Abdulaziz Al-Tuwaijri as a member of the audit committee until the end of the term on Sept. 4, 2021, and approving related party transactions.