Qassim Cement’s shareholders to vote on interim dividends for 2022 on March 23

Qassim Cement Co.’s shareholders will vote on paying SAR 2.8 million in board remuneration for the year ended on Dec. 31, 2021, during the ordinary general meeting (OGM), scheduled for March 23, according to a bourse filing.

Shareholders will also approve the board and auditor reports as well as financial statements for 2021.

Additionally, they will vote on appointing an external auditor to review and audit financial statements for Q2, Q3, and Q4 2022, and Q1 2023 and discuss the board’s decision regarding the SAR 315 million dividends, paid for 2021.

Shareholders will discharge board members from liability for last year and authorize the board of directors to announce interim dividends on a quarterly basis for 2022.

E-voting on the meeting agenda items will start as of March 20.