FIPCO GA Approves Audited Consolidated Financial Statements for 2021

Filling and Packing Materials MFG. Co. (FIPCO) announced on Sunday the results of its general assembly Meeting No. 36 (Second meeting) that took place on May 26, 2022 at via modern technology means provided by TADAWULATY.

Due to lack of quorum for the first meeting, the second meeting was held after one hour of the scheduled time for the first meeting and the attendance was 7.35% of the Company’s total share capital.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s:

1- Approve the report of the Board of Directors for the fiscal year ending 31/12/2021.

2- Approve the External Statutory Auditors Report for the financial year ending 31/12/2021.

3- Approve the audited consolidated financial statements of the company for the fiscal year ending 31/12/2021.

4- Approve the appointment of (AlKharashi & Co. CPA) and audit fees for the External Statutory Auditors nominated by the Audit Committee for reviewing and auditing of the 2nd quarter, 3rd quarter, the annual consolidated financial statements for the fiscal year ending 31/12/2022 and the first quarter of 2023.