AXA shareholders to vote on board, audit reports on May 21

AXA Cooperative Insurance Co. shareholders will vote on audited financial statements and audit report for the fiscal year 2018 during the general assembly meeting that will be held on May 21, 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 2018.

Meanwhile, they will vote on all other items on the meeting’s agenda including related party transactions and transferring SAR 40 million from provision for setting up a head office to other investment account.