Al Sorayai shareholders to start e-voting for general meeting on April 23

Al Sorayai Trading and Industrial Group Co. will adopt electronic voting as of April 23 on the agenda items of its extraordinary general meeting (EGM) to be held on April 26, according to a bourse filing on Wednesday.

The move came after the Capital Market Authority (CMA) issued, on March 16, a circular to enable shareholders to participate and vote on general meeting agenda items through Tadawulaty system in line with the government’s efforts to prevent the spread of coronavirus.

Shareholders will also vote on amending the articles of association with regards to the group’s name and objectives.

In addition, they will vote on the board of directors’ recommendation to appoint Mansour Al-Kharboush as an independent board member from Feb. 26, 2020 until the end of the current board term on July 15, 2021.