Filling and Packing Materials MFG. Co. (FIPCO) announces the results of its 30th General Assembly Meeting, which was held on Tuesday 14/09/1439H Corresponding to 29 of May 2018 at 11:00 PM at FIPCO head office, located in 2nd industrial area, Kharj road, Riyadh.

Because of the lack of a quorum required for the first meeting, the second meeting is accordingly took place after one hour with a quorum of 13.3 % of the companys capital as previously mentioned in the AGM invitation.

In view of voting results, the AGM by a majority has approved the following:

1- Approve the report of the Board of Directors for the financial year ending 31/12/2017.
2- Approve the External Statutory Auditors Report for the financial year ending 31/12/2017.
3- Approve the audited consolidated financial statements of the company for the financial year ending 31/12/2017.
4- Approve the Board of Directors remuneration and compensation, which has been detailed in the annual board report for the financial year ending 31/12/2017.
5- Approve the acquittal of the Board of Directors members of any liability pertaining to the management and administration of the company for the financial year ending 31/12/2017.
6- Approve the appointment of (The International accountants) and audit fees for the External Statutory Auditors nominated by the Audit Committee for reviewing and auditing of the quarterly and annual financial statements for the financial year ending 31/12/2018 and the first quarter of 2019.