07-04-2021
Widam Food Company announced the results of the General Assembly meeting, the Ordinary General Assembly, which was held on 06/04/2021, where the following was approved:
1- The Board of Directors' report on the company's activities and its financial position for the year ending 31/12/2020, and its future plan.
2- The auditor's report on the company's balance sheet for the year ending 31/12/2020.
3- The company's balance sheet and profit and loss account for the year 2020.
4- The Corporate Governance Report for the year 2020 AD.
5- The Board of Directors ’proposal to distribute cash dividends of 10% of the capital at a rate of 0.10 riyals per share.
6- Discharging the members of the Board of Directors from their liabilities for the year ending 31/12/2020, and determining their remuneration.
7- The appointment of KPMG as an external auditor for the fiscal year 2021.