Bahrain Clear Announces Offering of Virtual AGM Management Service for Listed Companies

Sunday, March 22, 2020
As part of Bahrain Clear’s ongoing efforts to further enhance post-trade services and in line with Bahrain Clear’s role to enhance capital markets infrastructure with the overall aim of protecting clients’ securities transactions, Bahrain Clear announced the offering of Virtual AGM Management Service for listed companies.

Bahrain Clear aims to offer various digital solutions including the Virtual AGM management service to listed companies within its efforts to provide added-value services, as this innovative service aims at facilitating the accessibility to investors and enhancing participation in AGMs via virtual platforms. The Virtual AGM management service has been offered based on the Ministry of Industry, Commerce, and Tourism’s resolution (No. 26 for the year 2020) and based on the Central Bank of Bahrain’s circular (OG/108/2020) issued on 19 March 2020.

The Virtual AGM management service has been provided as a result of Bahrain Clear & Bahrain Bourse’s vision to undertake various precautionary measures in line with the current international health scenario and activation of business continuity management to fully support investors and issuers and all related stakeholders.

It is worth to mention that Bahrain Bourse announced the temporary closure of its trading floor to the public as a preventative measure as of 19 March 2020 until further notice.

To benefit from this service, please contact Bahrain Clear on the hotline: 17108775 or WhatsApp for Business: 33510008 or via email: [email protected]