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Leejam Sports Co. (Fitness Time) will adopt electronic voting as of April 26 on the agenda items of its extraordinary general assembly meeting (EGM) that will be held on April 30, according to a bourse filing on Thursday.
The move came after the Capital Market Authority (CMA) issued a circular, on March 16, enabling shareholders to participate and vote on related meeting agenda items through Tadawulaty system in line with the government’s efforts to prevent the spread of coronavirus.
Shareholders are set to vote on delegating the company’s board of directors to distribute interim dividend for the fiscal year 2020 on a semi-annual or a quarterly basis, Argaam reported.
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