Aseer shareholders to vote on 2020 board, audit reports on May 30

Aseer Trading, Tourism and Manufacturing Co.’s shareholders will vote on audited financial statements and audit report for 2020 during the general assembly meeting that will be held on May 30, 2021, 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 2020.

During the meeting, they will vote on amending remuneration policy for board members, sub-committees and executive management.

Meanwhile, they will vote on all other items on the meeting’s agenda including the business and contracts concluded or that will be concluded between the company and Hussein Ali Shobokshi Office of Management Consulting, in which the board member Hussein Ali Shobokshi has a direct interest, in addition to appointing an external auditor to audit the company’s financials for Q2, Q3, Q4 2021 and Q1 2022.