Buruj to start e-voting for OGM on June 5

Buruj Cooperative Insurance Co. (Buruj) will adopt electronic voting as of June 5 on the agenda items of its ordinary general meeting (OGM) that will be held on June 9, according to a bouse filing on Thursday.

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 (Covid-19).

In May, the company invited shareholders to vote on a board recommendation to withhold cash dividend for the fiscal year 2019