SGX issues AGM guide to listed firms which factors in health advisories

It encourages listcos to adopt digital tools including enabling virtual presence for directors who cannot travel

Angela Tan

Published Thu, Mar 19, 2020 · 09:50 PM

Singapore

AS two-thirds of listed companies in Singapore prepare for their 2020 annual general meeting (AGM), the Singapore Exchange Regulation (SGX RegCo) on Thursday unveiled a list of precautionary measures on how issuers should facilitate shareholders' meetings amid the Covid-19 outbreak.

Among other things, SGX RegCo encouraged companies to adopt digital tools for the conduct of their general meetings and said it "stands ready to work with them" on this.

"In the interest of public health including the well-being of shareholders, shareholders are strongly encouraged to utilise options available to them to participate in general meetings without attending in person,'' SGX RegCo advised…