By Michael Eboh
The Securities and Exchange Commission, SEC, Monday, suspended, till further notice, all physical meetings and visits to its offices, due to the rising cases of COVID-19 infections across the country, following the second wave of the pandemic.
In a new set of guidelines issued in a circular in Abuja, SEC also advised public companies to take appropriate precautionary measures as recommended by the federal and state governments, as well as the Nigeria Centre for Disease Control, NCDC, in order to ensure the safety of shareholders and participants at their Annual General Meetings/Extra-Ordinary General Meetings and other meetings which may be held during the prevalence of the pandemic.
SEC said the suspension of physical meetings and visits to its offices was in order to protect investors and not disrupt activities in the capital market, adding that henceforth, its operations will now become fully electronic.
The Commission, which described the market-focused…
Source: Vanguard Newspaper
