1. I have attended several AGMs. But didn’t count the number.
2. Most of the meetings processes were alright.
3. AGM is important to inform, update and share with retail shareholders about the organisation’s business and help investors learn more about the company, going forward.
4. I attended a Special General Meeting and an adjourned AGM of Company N back in 2018. Many questions were raised about the viability of the company and its restructuring efforts. Questions in corporate governance, fiduciary duties and trust issues both at the board and management levels were raised. Many concerns raised had no answers. The board of directors (BOD) requested to take some questions offline instead of addressing it to the audience. The official meeting was quickly concluded and there was no attempt to clarify some of the questions raised even during the offline session as BODs evaded. The auditor and its report was also questionable. Auditor was supposed to be there to assist in those questions but also left hastily after the closure of the official meeting. But what was more shocking was the follow-ups by SGX Regco on Company N, which eventually left Singapore.