Advanced shareholders to start e-voting on Q4 2019 dividend as of March 27

Advanced Petrochemical Co. invited its shareholders to participate in the ordinary general assembly meeting through electronic voting from March 27-31, 2020, the company said in a bourse statement.

In a previous disclosure, the petrochemical producer said its shareholders are set to vote on a 6.5% cash dividend for Q4 2019, at SAR 0.65 a share, during the general meeting scheduled for March 31.

According to data compiled by Argaam, the Capital Market Authority (CMA) issued, on March 16, circular enabling shareholders to participate and vote on general meeting agenda items through Tadawulaty system in line with the government’s efforts to prevent spread of coronavirus.