29-03-2021
Al Meera Consumer Goods Company announced the results of the General Assembly's Ordinary General Assembly meeting that was held on 28/03/2021, where the following was approved:
1. The speech of the Chairman of the Board of Directors was heard, the report of the Board of Directors on the company's activities and its financial position for the fiscal year ending 31/12/2020, and the company's future plan and its approval.
2. The auditor's report on the financial statements for the fiscal year ending 31/12/2020.
3. Discussing the company's annual budget and profit and loss account for the fiscal year ending on 12/31/2020 AD, and approving them.
4. The proposal of the Board of Directors regarding the distribution of profits was confirmed and approved, and a cash dividend of 90% of the nominal value of the share, equivalent to 0.90 riyals per share was approved.
5. The eleventh Corporate Governance Report was approved.
6. The members of the Board of Directors were discharged of liability for the fiscal year ending on 31/12/2020, and their remuneration determined.
7. Deloitte & Touche has been appointed as the auditor for the fiscal year 2021, and its fees have been determined.