Al-Jouf Agricultural shareholders mandate board to distribute 2022 interim dividends

Al-Jouf Agricultural Development Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2022, during the general assembly meeting held on May 12.

Shareholders also approved the financial statements, as well as audit and board reports for 2021, the company said in a statement to Tadawul.

Moreover, shareholders discharged board members from liabilities for 2021.

In addition, the shareholders appointed an auditor to examine, review, and audit the Q2, Q3 and annual financial statements for 2022, along with Q1 2023. Auditor's remuneration was also determined during the meeting.