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The AGM dilemma: Better late than never?

It may be worthwhile to revisit the four-month deadline in the light of how this may have aggravated clustering of AGMs. There're good reasons to consider allowing another month to hold AGM.

Extending the AGM deadline can reduce the audit crunch and better smooth out the utilisation of audit resources over the year (including for issuers with March and June year ends, which are the next most common year ends) . . . and perhaps (one can at least hope) ease pressure on audit fees.

LAST week was another exciting week in Singapore and we are not talking about the opening of the latest Captain America movie. We are of course talking about the busiest week of the year for annual general meetings (AGMs), a week that would have required almost superhuman qualities of...