Correction announcement from Development Works Food Co. in regards to Results of the Ordinary General Assembly Meeting (Second Meeting)
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website | 2023-06-19 Corresponding to 1444-12-01 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | 1) The financial statements for the fiscal year ending on 12/31/2022 were reviewed and discussed.
2) The report of the Board of Directors for the fiscal year ending on 12/31/2022 AD was reviewed and discussed.
3) Approving the release of the members of the Board of Directors from liability for the fiscal year ending on 12/31/2022 AD.
4) Approval of the auditor's report for the fiscal year ending on 12/31/2022 AD.
5) Approval of the audit committee report for the fiscal year ending on 12/31/2022 AD.
6) Approving the appointment of the United Accountants (RSM) as an auditor for the company’s accounts from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third, fourth and annual quarters of the fiscal year 2023 AD and the first quarter of the year 2024 AD and determine his fees.
7) Not approving the payment of (939,000) riyals as remuneration and allowances for members of the Board of Directors and its committees for the fiscal year ending on December 31, 2022. |
| Correct Statement | 1) The financial statements for the fiscal year ending on 12/31/2022 were reviewed and discussed.
2) The report of the Board of Directors for the fiscal year ending on 12/31/2022 AD was reviewed and discussed.
3) Refrain from voting on the discharge of the members of the Board of Directors from their liability for the fiscal year ending on 12/31/2022 AD.
4) Approval of the auditor's report for the fiscal year ending on 12/31/2022 AD.
5) Approval of the audit committee report for the fiscal year ending on 12/31/2022 AD.
6) Approving the appointment of the United Accountants (RSM) as an auditor for the company’s accounts from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the second, third, fourth and annual quarters of the fiscal year 2023 AD and the first quarter of the year 2024 AD and determine his fees.
7) Not approving the payment of (939,000) riyals as remuneration and allowances for members of the Board of Directors and its committees for the fiscal year ending on December 31, 2022. |
Comments