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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
Restaurant Brands tops estimates as Burger King overhaul pays off
Yen falls after suspected intervention on Monday; eyes on Fed
US: Wall St opens lower on labour costs data
TikTok shop tops 500,000 US sellers after 2023 e-commerce launch