In line with the decisions of the Supreme Committee tasked to deal with the developments of the Coronavirus pandemic (COVID-19) and further to Circular No. E/4/2021) issued by the CMA on January 24, 2021, the CMA decided in Circular No. E/6/2021 to suspend the clause of specifying the place for convening the general meetings of public joint stock companies and investment funds and the right to attend the general meeting personally until further notice. General meetings will be convened through electronic means administered by Muscat Clearing and Depository Company (MCD).

CMA announced in its previous circular readiness to receive  applications for convening annual general meetings this year and instructed the public joint  stock companies, investment funds, auditors and legal advisors to comply with the provisions of the Commercial Companies Law and the rules for convening general meetings of  public joint stock companies via electronic means.

CMA said in the previous circular  that the time specified for publishing the notice and agenda of the general meeting and sending to the shareholders must be at least 15 days before the meeting after being approved by the CMA. Notices to shareholders and unitholders will be through the electronic general meetings portal  administered by MCD and no paper notice will be required for sending to the addresses of the shareholders in the shareholders’ register