12-07-2011, 12:42 PM
(12-07-2011, 11:53 AM)wsreader Wrote: "... there were people there who were more interested in the food and drinks than the more important business matters. ..."
It is also important to educate shareholders to ask "important business matters" questions pertinent to the business of the company.
For example, a shareholder actually asked the board to answer how the external auditors going to justify the auditors' profit to their (the auditor's) boss in view of the low auditor fee charged to smrt. Another question asked who won the 1st and 2nd prize of the best annual report since smrt won the 3rd position. Yet another asked a question related to an escalator accident which happened at a mall.
With questions like that, no wonder shareholders are more interested in the food and drinks.
Although I do respect the freedom of speech, it is kind of frustrating to hear such questions being asked at AGM. I suppose most of those who asked these questions had not even bother to go through the annual report.