Arriyadh Development to start e-voting on OGM agenda today

Arriyadh Development Co.'s shareholders start today, April 14, 2021, the electronic voting on the agenda items of its ordinary general meeting (OGM) that will be held on April 18, 2021, according to a bourse filing.

The step follows 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 the spread of coronavirus.

Shareholders will e-vote on the board of directors' recommendation to distribute a 6.5% cash dividend, amounting to SAR 115.6 million, for the second half of 2020, according to data compiled by Argaam.