SAPTCO shareholders to vote on dividend freeze for 2021 on May 22

27/04/2022 Argaam

Saudi Public Transport Co.'s (SAPTCO) shareholders will vote on withholding dividends for 2021, during the ordinary general meeting, to be held on May 22, the company announced in a bourse filing.

 

Shareholders will also vote on appointing and setting the fees of a new auditor for Q2, Q3, Q4, FY 2022, and Q1 2023. They will also vote on appointing Khalid bin Abdullah Al Hogail as a board member, effective as of April 14, till the end of the current term on Dec. 31, 2024.

 

Shareholders will also vote on approving the board and auditor's reports and financial statements for FY 2021. They will also vote on discharging the board members from liability for FY 2021.

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