Widam Food Company: The AGM Endorses items on it's agenda

Widam food Announces the results of the Ordinary “ZOOM” General Assembly Meetings was held on Tuesday, 06 April 2021 the quorum was achieved in its meeting  (52.38 % by Law) and has approved the following resolutions:

1-The report of the Board of Directors on the Company’s activities, financial position for the year ended 31 December 2020 and the future plan of the Company.

2-The report of the External Auditors on the Company’s Financial Statements for the year ended 31 December 2020.

3-The balance sheet and profit and loss for the year ended 31 December 2020.

4-The Corporate’s Governance Report for 2020.

5-The distribute to the shareholders cash dividends at the rate of (10%) of the nominal share value, i.e. QR 0.10 for each share.

6-Absolving the members of the Board of Directors and fixing their fees for the financial year ended 31 December 2020.

7-Appointing KPMG Company as an External Auditor for the Company (For the year 2021).