29-05-2020, 05:09 PM
(29-05-2020, 05:05 PM)ghchua Wrote:Hi ghchua.(29-05-2020, 11:29 AM)thor666 Wrote: The AGM is one-way (no live discussion and no live voting) as per the modified AGM rules. So it made for a rather dull meeting (as with other sgx companies).
I disagree with you here. The modified SGX AGM/EGM rules does not say that there should not be any live discussion or live voting.
It is the company constitution of the listed companies that disallowed voting via absentia. Meaning, the person must be present physically to vote or via proxy. Since a shareholder cannot be present during a virtual AGM/EGM, therefore they cannot do live voting.
As for live discussion, again the modified AGM rules does not say that it is disallowed. In fact, iFAST conducted a live Q&A session during their virtual AGM whereby shareholders can raise their questions during their live webcast.
My apologies, I have not been kept updated. You are right on both counts.
In any case, for penguin AGM, there was no live voting nor discussion available and I wanted to convey as such.
Sent from my ONEPLUS A5000 using Tapatalk