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

Widam Food Company announces the results of the AGM. The meeting was held on 29/04/2024 and the following resolution were approved

  1. The report of the Board of Directors on the company’s activities, financial position for the financial year ended 31 December 2023 and the future plan of the company .
  2. The report of the external auditors on the Company’s Financial statement for the year ended 31 December 2023 in accordance with all legal and regulatory requirements and QFMA’s Article 24 Law No (5) of 2016.
  3. The balance sheet and profit and loss statement for the financial year ended 31/12/2023 and not to distribute cash profits.
  4. The Corporate’s Governance Report for the financial year ended 31/12/2023.
  5. To absolve the Board of Directors’ Members of any liability for the financial year ending 31/12/2023 and to declare that there is no compensation to be given to the Board Members.
  6. Appointing  Ernst & Young Company as an External Auditor for the Company (For the year 2024).