SADAFCO starts e-voting for EGM today

11/11/2021 Argaam

Saudia Dairy and Foodstuff Co. (SADAFCO) will start today, Nov. 11, the electronic voting on the agenda items of its extraordinary general meeting (EGM) that will be held on Nov. 15, 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.

 

Late in October, the company invited its shareholders to vote on a board recommendation to buy back up to 2.75 million shares, Argaam reported.

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