AGMs must include live webcast; two possible ways to satisfy quorum: SGX RegCo
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts