When 28% shareholding is a majority at an AGM...
Study of detailed polling results of 279 annual general meetings shows that the average percentage of issued shares voted is about 55%
Singapore
WHEN is a 28 per cent shareholding a majority?
When only 55 per cent of issued shares are voting, which is the average at general meetings by Singapore-listed companies in 2014, according to a study by an academic and a private investor.