Alinma Tokio Marine shareholders approve SAR 1.5 mln in board remuneration

15/05/2022 Argaam

Alinma Tokio Marine Co.’s shareholders approved the board as well as the auditor’s reports and the audited financial statements for 2021, during the ordinary general meeting (OGM) held on May 12, the company said in a bourse filing.

 

Shareholders also discharged the board members from liability for 2021 and appointed a new auditor to review financials for Q2, Q3, Q4 2022 and Q1 2023.

 

They further endorsed the disbursement of SAR 1.5 million in a board remuneration, in addition to another lumpsum remuneration at SAR 100,00 for board member, Ali Al-Ayed.

 

Additionally, shareholders ratified the business contracts inked between the company and other institutions.

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