Rethinking the AGM

COMPANIES have traditionally used the annual general meeting (AGM) as a key platform to seek shareholders' approval for a range of matters, including annual financial statements, appointment of external auditors, retirement and re-election of directors and payment of dividends.

However, developments and events in recent years suggest there is a continuing need to modernise this age-old practice to make it more effective and useful, as well as create alternative platforms for greater outreach to shareholders.

Companies Act reforms