Regulatory Alerts2020-01-01
Guidance 007-2020: Deferral of AGMs for Issuers and Licensed Persons Due to Covid-19
The Capital Markets Authority extends the deadline for issuers and licensed persons, including collective investment schemes, to hold annual general meetings (AGMs) until December 31, 2020, due to ongoing Covid-19 challenges. Entities opting for this deferral must notify the Authority and their stakeholders while clearly disclosing their intended future meeting date. Issuers are also advised to consider utilizing virtual AGM procedures as permitted by previous court orders and Authority guidelines.
Share