Gulf Union shareholders approve SAR 2.96 mln board remuneration

01/07/2018 Argaam

Gulf Union Cooperative Insurance Co.'s shareholders on Jun. 28 approved SAR 2.96 million in remuneration for the board of directors for the fiscal year 2017, the company said in a statement to Tadawul on Sunday.

 

The general assembly also approved the board of directors’ report, the auditor’s report and the financial statements for fiscal year 2017.

 

The board of directors were discharged from liability for the previous year, the statement added.

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