Azeus Systems sees growing demand for e-AGM solution
Company is cautiously optimistic as the spread of Covid-19 has forced many firms to hold virtual annual general meetings.
MAINBOARD-LISTED IT solutions and products provider Azeus Systems Holdings has seen encouraging take-up of its electronic annual general meeting (e-AGM) solution.
Launched in May, the e-AGM product was deployed for some 60 customers in Singapore - mostly listed companies - in June alone.
Many companies were forced to hold virtual AGMs last month after physical meeting restrictions were introduced to curb the spread of Covid-19. And such meetings might soon catch on permanently. The Accounting and Corporate Regulatory Authority has opened a public consultation on proposed amendments to the Companies Act, including changes to facilitate digital meetings.
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