AGMs must include live webcast; two possible ways to satisfy quorum: SGX RegCo

Singapore

ISSUERS who hold their annual general meetings (AGMs) before April 30 must provide a live webcast for attendees, the Singapore Exchange Regulation (SGX RegCo) said on Tuesday in a joint statement with the Accounting and Corporate Regulatory Authority and the Monetary Authority of Singapore.

At these meetings, any quorum requirements can also be satisfied through the attendance of up to 10 people or of any director or senior management of the issuer who holds shares, whichever is lower.