Salama GA approves business and contracts concluded with related parties

Salama Cooperative Insurance Company announced the results of the meeting of the Ordinary General Assembly, the first meeting, which was held on Tuesday, which items 7 included approval of the business and contracts concluded between the company and Al Mamoon Overseas Insurance Brokers Ltd., in which a member of the Board of Directors, Adnan Jameel Khoja, a non-executive member, has an indirect interest.

– The company also said that the Board of Directors report for the fiscal year ending on 31-12-2022 was reviewed and discussed

– It approved the company’s auditor’s report for the fiscal year ending 31/12/2023.

– The financial statements for the fiscal year ending on 31-12-2022 were viewed and discussed.