Sahara shareholders approve board, audit reports

Sahara Petrochemical Co.’s shareholders have approved audited financial statements and audit report for the fiscal year 2018 during the general assembly meeting held on April 15, the company said in a bourse statement.

Shareholders have also approved the board report for the same period and discharging board members from liabilities during FY 2018.

They have also approved dividend distributed by the company’s board for H1 and H2 2018 and delegated the company’s board to distribute dividend for FY 2019 on a semi-annual or quarterly basis.

Meanwhile, they have approved all other items on the meeting’s agenda including board remuneration for FY 2018.