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Salama Insurance’s OGM adopts FY15 financials

Salama Insurance’s OGM adopts FY15 financials
Shareholders also elected a new board of directors for a new term.
SALAMA
8050
-10.79% 30.60 -3.70

Riyadh – Mubasher: Salama Cooperative Insurance Company announced Monday that its second ordinary general meeting (OGM), held yesterday, postponed voting on the discharge of the board of directors from any liabilities for fiscal 2015 due to the lack of quorum.

The OGM adopted the board and auditor’s reports on the fiscal year 2015, as well as the balance sheet and the profit and loss account.

Shareholders also elected a new board of directors for a new term.