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Hybrid AGMs should continue, even post-pandemic

Published Thu, Apr 6, 2023 · 05:50 AM
    • Physical AGMs have become possible with the removal of pandemic curbs, but retaining a digital option would allow more shareholders to access such meetings.
    • Physical AGMs have become possible with the removal of pandemic curbs, but retaining a digital option would allow more shareholders to access such meetings. PHOTO: ZB FILE

    COVID-19 has wrought long-lasting change in everything from flexible work arrangements to supply chain strategies, but there is at least one area where pandemic-era developments are not sticking: the use of virtual or hybrid formats for annual general meetings (AGMs).

    Just as some bosses mandate a return to the physical office, major listed companies in Singapore seem to prefer having shareholders attend AGMs in person.

    Companies have been allowed to hold digital meetings under temporary Covid-19 orders, introduced when the pandemic situation made physical meetings untenable.

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