STO announces AGM for May 31

During a previously help AGM of STO | Photo: Avas Online

State Trading Organization (STO) confirms on Sunday, 16 May, of the scheduled date for their next annual general meeting.

The state-owned enterprise confirms their next annual general meeting will take place on 31 May 2021.

Moreover, the AGM will proceed virtually via Microsoft Teams in light of the prevalent Covid-19 pandemic conditions.

STO further comments the AGM will commence on 16:00hrs of the scheduled date.

Furthermore, the enterprise reveals approval of their 2020 annual budget and appointment of auditors for 2021 among agenda items at the AGM.

Furthermore, the organization’s board will be approving the dividend pay from profits retained in 2020.