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Widam Food Co AGM Ratifies Agenda Including Dividends
Distribution
30 March 2020
The shareholders of Widam Food Company, in their annual general
meeting held Monday 30 March 2020, has discussed and ratified the items
listed on the meeting agenda as follows:
1.
The Directors’
report on the company’s activity and financial position for the year
ended 31 December 2019 as well as the company’s future strategy.
2.
The external
auditor’s report on the company’s accounts for the year ended 31
December 2019.
3.
The Company’s
financial statements for the year ended 31 December 2019.
4.
The corporate
governance report for the year 2019.
5.
The Board
proposal re the distribution of 30 dirham dividends per share,
equivalent to 30% of the share capital on 2019 achieved profit.
6.
Discharging the
Board members from their responsibility on the company’s accounts for
the year ended 31 December 2019.
7.
The appointment
of Misters KPMG as an external auditor to handle the company’s accounts
for the financial year 2020.