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In-person AGMs now the preferred format for STI constituents
However, some shareholders want a hybrid model that includes virtual format
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Published Wed, Apr 5, 2023 · 05:50 AM
A NUMBER of Straits Times Index (STI) issuers are moving away from the virtual format for their upcoming annual general meeting (AGM).
This comes ahead of a regulatory deadline that requires a physical, or in-person, meeting to be the default mode from July.
Among the 30 STI companies, 21 have a financial year that ends in December. Of these, 18 had made known their upcoming AGM formats as at Monday (Apr 3). All but four will be holding a physical meeting.
