The Business Times
business-time-50

Investors making their voices heard, votes count in AGMs

google-preferred-sourceAdd BT as a preferred source
Janice Lim

Janice Lim

Published Thu, Jun 2, 2022 · 05:50 AM
    • Investors in Singapore are becoming more active at listed companies’ annual general meetings and making their voice heard through their votes, said corporate governance experts.
    • Investors in Singapore are becoming more active at listed companies’ annual general meetings and making their voice heard through their votes, said corporate governance experts. PHOTO: PIXABAY

    AFTER months of campaigning on both sides, unitholders of Sabana Industrial Reit voted not to endorse the appointment of independent non-executive director Chan Wai Kheong at the company’s annual general meeting (AGM) in April this year.

    A few days later, investors of transport company ComfortDelGro Corp voted not to re-appoint their auditors at the recommendation of proxy advisors.

    One of the proxy advisors, Institutional Shareholder Services (ISS), had also recommended voting against the reappointment of a director, Chiang Chie Foo, as he was a member of the audit committee.

    Corporate governanceHedge fundsasset managementBoard of DirectorsESG

    TRENDING NOW

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    The company says the disputes do not cast significant doubt on its viability as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities

    The deal for the sale of Scotts Square mall, just off Orchard Road, is said to be in the early stages of being worked out, at a price of about S$320 million.

    Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square

    Anytime Fitness Asia has a network of over 600 clubs across markets including Singapore, the Philippines and Hong Kong.

    Anytime Fitness Asia’s owner said to weigh US$400 million sale

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More