GACO shareholders approve discharging board members from liability for 2020

02/08/2021 Argaam

Shareholders of Al Gassim Investment Holding Co. (GACO) approved discharging the members of the board of directors from liability for 2020 during the ordinary general meeting (OGM) held on Aug. 1.

 

They also endorsed amending the audit committee work, as well as remuneration and nomination committee work regulations.

 

In addition, shareholders ratified the remuneration policy for board members, committees emanating therefrom, and executive management, along with amendments of policies, standards and procedures of board membership.

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