Raydan shareholders to vote on 2020 board, audit reports on June 29

Raydan Food Co.’s shareholders will vote on the board and audit reports, as well as audited financial statements for 2020, during the ordinary general assembly meeting (OGM) to be held on June 29, 2021.

The company said in a bourse statement that shareholders will also vote on discharging board members from liabilities for 2020, in addition to appointing an auditor to review Q2, Q3, Q4 and 2021, and Q1 2022 financials.

Moreover, they will endorse the decision to appoint Yasser Hussein Omar Balkhi (independent) as a member of the audit committee, effective June 6, 2021, in place of Zaher Fadl Al-Sayed Al-Dabi (independent).

Other meeting agenda items include voting on the business and contracts concluded with several companies.