Bahri to start e-voting for general meeting on April 16

The National Shipping Company of Saudi Arabia (Bahri) will adopt electronic voting for its ordinary general meeting that will be held on April 16, 2020, according to a bourse filing on Wednesday.

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 March, Bahri invited its shareholders to vote on the board recommendation to distribute a 10% cash dividend, or SAR 1 per share, for the second half of 2019, during the general meeting that will be held on April 20, according to data compiled by Argaam.