OCBC sets May 18 date for virtual AGM in view of Covid-19

Singapore

OCBC BANK, which had originally scheduled to hold its annual general meeting (AGM) on April 30, will now host a virtual one instead at 2 pm on May 18 in line with the tighter social distancing measures in place during the Covid-19 pandemic.

OCBC is the second lender after DBS Group to shift to live audio-visual and audio-only broadcasts of its AGM proceedings. The bank is due to pay a final dividend of 28 Singapore cents per share on June 5.