Plus   Neg

Clariant Postpones AGM Planned For March 30 Due To COVID-19 Pandemic

Swiss specialty chemicals company Clariant AG (CLZNY.PK,CRN.L,CLZNF.PK) Wednesday said its Board of Directors has decided to postpone the 25th Annual General Meeting planned for March 30 due to the worldwide spreading of coronavirus or COVID-19.

The company will announce the new date for the AGM in due course.

The decision was after the declaration by the Swiss Federal Council of an "extraordinary situation" which does not allow Annual General Meetings under the normal conditions, effective March 16.

Under the COVID-19 Ordinance 2, no shareholders are admitted to attend the General Meeting in person. However, the company said it may order that participants may exercise their rights exclusively in writing or in electronic form or through an independent proxy appointed by the company.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Polaris Industries Inc. is recalling certain Ranger and General Utility, as well as All-Terrain vehicles citing risks of crash, the U.S. Consumer Product Safety Commission said in a statement. The Medina, Minnesota-based company has called back about 26,730 units of Model Year 2019 - 2020 Ranger XP 1000 & Model Year 2020 General XP 1000 Utility vehicles. Gilead Sciences Inc. (GILD) said Friday that the European Commission has granted conditional marketing authorization for Veklury or remdesivir as a treatment for SARS-CoV-2 infection, the virus that causes COVID-19. FedEx is asking NFL team Washington Redskins to change its name for its racist connotations. The delivery services company, which is a major sponsor for the team, made the suggestion following increasing pressure from its investors amid the ongoing protests against racial injustice and inequality that arose from the killing of African-American George Floyd.
Follow RTT