Theeb Rent a Car shareholders to vote on 2021 financial statements, board report on May 22

Theeb Rent a Car Co.’ shareholders will vote on on the company’s financial statements, as well as the board and auditor’s reports for 2021 during the ordinary general assembly meeting (OGM) scheduled for May 22.

They will also discuss the appointment of an external auditor to review and audit financials for Q2, Q3, and Q4 2022, as well as Q1 2023, along with voting on disbursing SAR 400,000 as remuneration for the board of directors and SAR 200,000 for the audit committee for 2021, according to a bourse statement.

Other items on the agenda include voting on delegating the board of directors with the OGM powers for one year from the shareholders’ approval date or until the end of the board term, whichever is earlier.

The shareholders will start e-voting on the meeting agenda on May 18.