Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) decided to temporarily halt personal attendance at general assembly meetings for all companies listed on the Saudi Stock Exchange (Tadawul) until further notice.

However, the meetings will be held via Tadawulaty platform, a new suite of services offered by the Securities Depository Center Company (Edaa), where shareholders can participate and vote on decisions, according to an official statement.    

The new directive was made in an effort to contain the coronavirus (COVID-19) in line with the kingdom’s policy to control the outbreak.

Registration for the shareholders on Tadawulaty will begin as of Thursday, 26 March, while voting will continue until the end of the meetings.

Saudi Arabia has suspended employees attendance at government entities for a period of 16 days effective as of 16 March.