Anaam to start e-voting for EGM tomorrow

22/10/2020 Argaam

Anaam International Holding Group will start tomorrow, Oct. 23, adopting electronic voting on the agenda items of its extraordinary general assembly meeting (EGM) that will be held on Oct. 27, 2020, according to a bourse filing on Thursday.

 

Shareholders will vote on a capital increase from SAR 15 million (1.5 million shares) to SAR 105 million (10.5 million shares) via a SAR 90 million rights issue.

 

The capital increase will be used in financing future projects and expansions.

 

Shareholders will also vote on articles of incorporation as regards capital, share offering, share ownership, share buyback, general meetings, committee reports and dividend payment.

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