Yanbu Cement shareholders to vote on 2021 financials, board report on June 1

20/04/2022 Argaam

Yanbu Cement Co.’s (YCC) shareholders are set to vote on audited financial statements, as well as audit and board reports for 2021, during the ordinary general meeting slated for June 1.

 

The shareholders will vote on discharging board members from liabilities for 2021 and to appoint an auditor to review financial statements for Q2, Q3, and 2022, and Q1 2023, the company said in a bourse filling.

 

Shareholders will also discuss amending some articles of association.

 

Furthermore, they will vote on authorizing the board to distribute interim dividends on a semi-annual basis for 2022.

 

Shareholders will participate in the meeting and vote on its agenda items via Tadawulaty system as of May 28.

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