The Board of Directors of the Company in their meeting on 14/3/2021 recommended the following –
1) Authorized issuance of audited financial statements of the Company for the financial year ended 31 December 2020 subject to approval of the shareholders general assembly. The company has made a loss of (KD 289,680) - (1.37) fils per share.
2) The Board of Directors proposed not to distribute dividends and board of directors’ remuneration for the fiscal year ended on December 31, 2020. This proposal is subject to the approval of shareholders annual general assembly.