17-01-2022, 03:28 PM
Hi guys,
Sorry to hijack this thread.
I recall that when Sembcorp marine have "big" rights issue in 2021, they have convened an EGM to determine if shareholder approval.
(https://links.sgx.com/FileOpen/Notice%20...eID=677227)
But for some companies like recently St******, no EGM will be convened.
Just wondering, under SGX rule, is it a norm/must to have this EGM? Or Sembcorp marine just did it out of good CG?
Thanks!
Sorry to hijack this thread.
I recall that when Sembcorp marine have "big" rights issue in 2021, they have convened an EGM to determine if shareholder approval.
(https://links.sgx.com/FileOpen/Notice%20...eID=677227)
But for some companies like recently St******, no EGM will be convened.
Just wondering, under SGX rule, is it a norm/must to have this EGM? Or Sembcorp marine just did it out of good CG?
Thanks!