TADCO shareholders disapprove all items on meeting agenda

26/05/2022 Argaam
Logo of Tabuk Agricultural Development Co.

Logo of Tabuk Agricultural Development Co.

Tabuk Agricultural Development Co.’s (TADCO) shareholders disapproved the board as well as the auditor’s reports and the financial statements for 2021, during the ordinary general meeting (OGM) held on May 25, the company said in a bourse filing.

 

Shareholders also rejected the motion to discharge the board members from liability for 2021 and did not appoint a new auditor to review financials for Q2, Q3, Q4 2022 and Q1 2023.

 

They further disapproved amending the board remuneration policies.

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