Riyadh – Mubasher: Solidarity Saudi Takaful Company’s (Solidarity) shareholders approved transferring SAR 3.69 million, resulting from capital cut in 2017, from other reserves account to retained earnings account during an extraordinary general assembly meeting held on Sunday, 9 June

The shareholders also approved appointing an external auditor for the remaining quarters of 2019 and the first quarter of 2020, according to the company’s filing to the Saudi Stock Exchange (Tadawul) on Monday.

The general assembly agreed upon electing a new board for the coming round starting from the meeting day until 8 June 2022.

It also approved the financial statements and audit report for the fiscal year 2018.