SIDC shareholders to vote on 2021 board report, financials on June 16

26/05/2022 Argaam

Saudi Industrial Development Co.’s (SIDC) shareholders will vote on the board as well as the auditor’s reports and the financial statements for 2021, during the ordinary general meeting (OGM) slated for June 16, the company said in a bourse filing.

 

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

 

Additionally, shareholders will vote on ratifying the business contracts inked between the company and other institutions.

 

Shareholders can start e-voting on June 14, the statement added.

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