The Capital Market Authority has instructed all public joint stock companies, auditors and  legal advisors to observe preventive measures from Covid 19 to combat infections and curb the spread of the disease  during general meetings of public joint stock companies.

CMA instructed the companies to limit attendance of the general meeting to shareholders and stakeholders only as well as providing sanitizers, avoid handshaking, shorten the procedures to shortest possible time and urge the shareholders to ask questions directly related to the matters at issue in the meeting.

The move comes as part of the efforts taken by the competent authorities  to deal with  the development related to the outbreak of Covid-19. The authorities urges to take more preventive precautions on the individual or group levels and to follow up the official channels  for latest news and instructions.