Riyadh – Mubasher: Al Tayyar Travel Group Holding announced on Sunday that its shareholders can vote remotely in case they couldn’t attend the extraordinary general meeting (EGM) which will discuss a capital hike.
According to a statement on the Saudi Stock Exchange (Tadawul), remote voting will be on all articles in the EGM’s agenda as of 10 AM on 28 February to 11 AM on 10 March.
The EGM will discuss increasing the company’s capital by 4.82% to SAR 2.09 billion to fund acquisitions.
Analysts earlier asserted that acquisitions made by Al Tayyar Group help it to diversify its investments.
