Sumou shareholders to vote on 2020 interim dividends on Aug. 16

Sumou Real Estate Co.’s shareholders are set to vote on authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for the fiscal year 2020, during the extraordinary general meeting that will be held on Aug. 16, 2020, according to a bourse filing.

They will also vote on amending articles 1, 2, 4, 8, 9, 12, 13, 31, 35, 46, and 47 of the company’s articles of incorporation, in addition to introducing article no. 16.

Shareholders will participate and vote on the meeting agenda items through Tadawulaty system as of Aug. 12, 2020, as per the Capital Market Authority’s (CMA) circular issued on March 16, in line with the government’s efforts to prevent the spread of coronavirus.