Al Yamamah Steel shareholders to vote on board, audit reports March 18

Al Yamamah Steel Industries Co. shareholders will vote on audited financial statements and audit report for the fiscal year ended Sept. 30, 2018 during the general assembly meeting that will be held on March 18, the company said in a bourse statement.

Shareholders will also vote on the board report for the same period and discharging board members from liabilities during FY 2017/2018.

They will also vote on amending bylaws and board members remuneration for the same fiscal year.

Meanwhile, they will discuss related party transactions, select an external auditor and vote on withholding cash dividend for FY 2017/2018.