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Preparing for the AGM

It helps to plan early and to fully engage the board, says PENELOPE PHOON

Published Sun, Mar 30, 2014 · 10:00 PM
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AS we enter the month of April and the annual general meeting (AGM) season, many companies are busy preparing to face investors with their annual report card. A joint study in 2012 by the Association of Certified Chartered Accountants and KPMG found that 63 per cent of all AGMs conducted by Singapore listed companies are held in April, with 47 per cent occurring in the last five days of April alone.

Here are some fundamentals to note in preparing for AGM day.

Plan early: The closing and clearing of financial accounts usually drive the critical path from financial year-end to the AGM dat…

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