Al Khaleej Training and Education Co. will adopt electronic voting as of May 1 on the agenda items of its ordinary general meeting (OGM) to be held on May 5, according to a bourse filing on Sunday.
The step followed the Capital Market Authority’s (CMA) directives enabling shareholders to participate and vote on related meeting agenda through Tadawulaty System in line with the government’s efforts to prevent spread of coronavirus.
Shareholders are set to vote on the board’s recommendation to distribute a 2.5% cash dividend, or SAR 0.25 per share, for the fiscal year 2019, Argaam earlier reported.
|
Dividend Details (FY 2019) |
|
|
Current Capital |
SAR 450 mln |
|
Number of shares |
45 mln |
|
Dividend |
SAR 11.25 mln |
|
Percentage of capital |
2.5% (SAR 0.25 per share) |
|
Record date |
May 5, 2020 |
|
Payment date |
To be determined |
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