Herfy to start e-voting on EGM tomorrow

Herfy Food Services Co. will start tomorrow, March 24, the electronic voting on the agenda items of its extraordinary general assembly meeting (EGM) that will be held on March 28, 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 vote on terminating Chairman Moataz Al-Azzawi and board member Ahmed Al-Faleh, based on the request submitted by a company shareholder who owns more than 5% of Herfy’s capital, Argaam reported.