Sadr Logistics shareholders to vote on dropping 2021 dividend on June 5

15/05/2022 Argaam

Shareholders of Sadr Logistics Co. will vote on the board’s recommendation not to distribute cash dividends for 2021, during the ordinary general assembly meeting (OGM) scheduled for June 5, according to a bourse statement. 

 

Shareholders will also vote on appointing an auditor to review financials for Q2, Q3, 2022, and Q1 2023, as well as setting their fees. 

 

Furthermore, they will vote on approving the board and auditor's reports as well as financial statements for 2021. Other agenda items include discharging the board members from liability for 2021. 

 

The shareholders will discuss disbursing SAR 499,288 as board remuneration for 2021. 

 

They can start e-voting on the meeting agenda via Tadawulaty system on June 1. 

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