CMA temporarily suspends personal attendance in general meetings

16/03/2020 Argaam

 

The Capital Market Authority (CMA) decided on March 16 to temporarily suspend personal attendance at general meetings, the Saudi market regulator said in a statement.

 

Shareholders will be able to participate and vote on agenda items through Tadawulaty services, which are offered by the Securities Depository Center Co. (Edaa).

 

Shareholder attendance will be registered as of Thursday, March 26 through Tadawulaty, and voting will continue until the end of the meetings.

 

The decision came in line with the Kingdom’s efforts to control the spread of novel coronavirus (COVID-19).

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