Wafrah withholds approvals for annual reports

01/07/2018 Argaam

Wafrah for Industry and Development Co.’s general assembly has disapproved audited financial statements and audit report for the fiscal year that ended Dec. 31, 2017, the company said in a bourse statement.

 

Shareholders also disapproved the board report for the same period and refused discharging board members from liabilities for the fiscal year 2017, the statement added.

 

They also refused to approve appointing an external auditor to audit the company’s financials for Q2, Q3, Q4 2018 and Q1 2019.

 

Meanwhile, they disapproved amending board membership policies and standards.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.