Al Kathiri shareholders cancel voting on board, audit reports

13/05/2018 Argaam

 

Al Kathiri Holding Co.’s shareholders on Thursday canceled voting on audited financial statements and audit report for the fiscal year ended December 31, 2017, as the external auditor was unable to attend the meeting, the NOMU-listed firm said.

 

Shareholders also did not vote on the board report for the same period but discharged board members from liabilities during FY 2017.

 

Meanwhile, they approved appointing an external auditor to audit the company’s financials for Q1 2018 through Q1 2019.

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