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Be open to ideas on addressing AGM clustering

One can't simply walk away from the problem if the aim is to encourage greater retail participation in our markets and raise the role that shareholders play in holding boards to account.

In Singapore, we should not be deceived by stereotypes of retail investors attending AGMs only for the food and asking irrelevant questions and jump to conclusions that physical attendance is unimportant for retail investors generally.

TODAY, those who hold shares in multiple issuers may have to choose from the 120 meetings being held starting from 9 am - comprising 117 annual general meetings (AGMs) and three standalone extraordinary general meetings (EGMs). In 2016, there were already nearly 100 meetings held on each of the...

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