Court allows listed companies to hold online AGMs

Nairobi Securities Exchange (NSE). FILE PHOTO | NMG

Listed companies whose internal rules do not provide for virtual Annual General Meetings (AGMs) have been allowed to hold online shareholder meetings, unlocking frozen company deals.

This follows court approval of a deal between Nairobi bourse-listed ScanGroup and Capital Markets Authority (CMA) allowing for online voting on decisions that require shareholder approval.

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