MSM to host virtual discussion sessions

Business Saturday 18/July/2020 16:07 PM
By: Times News Service
MSM to host virtual discussion sessions

Muscat: Muscat Securities Market (MSM) will host three public shareholding companies during this week in panel discussion sessions.
The first session will be held on Sunday, with the hosting of Oman United Insurance Company, followed by Oman Flour Mills on Monday and the third session will be with Al Kamil Power on Tuesday.
The sessions will discuss the company’s performance, financial results, the special circumstances faced by the companies given the current situation and the company’s future outlook and plans.
Raid Al Hooti, Director of Information and Awareness Department, at MSM informed that the aim of establishing these events is to provide a communication platform to our investors and public joint-stock companies listed in the market. This initiative is a part of MSM’s principles of disclosure and transparency and global best practice. These sessions are an opportunity for investors, analysts and financial intermediaries as well as those interested to benefit from the information that is put forward in building their investment decisions, and it will allow those who have quarries about the status of those companies to interact directly with the decision-making pane. He stressed that the invitation is open to all who wish to participate in these sessions.
Al Hooti added that given the current circumstances of the outbreak of COVID-19, the market utilised the best most accessible virtual platform to provide market participants with a chance to interact safely from the comfort of their private zones. And participants can easily access these sessions via links provided on all MSM social Media platforms while the sessions will be recorded and uploaded on YouTube platform to make them even more accessible to anyone who might’ve missed participating in these sessions.
The Director of the Information and Awareness Department also indicated that there is communication with another group of companies to host them during the next coming period.