Dur to start e-voting for general meeting on April 12

Dur Hospitality Co. will adopt electronic voting for its ordinary general meeting that will be held on April 12, 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).

Last month, the company invited its shareholders to vote on a 5% cash dividend, at SAR 0.5 per share, for the fiscal year 2019, according to data compiled by Argaam.