I attended an AGM for a listed company in Singapore last year, and it was an interesting and informative event.
I was impressed by the level of engagement and participation from the shareholders, and the Q&A session was lively and engaging. However, I did notice a few areas where the company could improve its corporate governance practices, such as the composition of the board and the disclosure of executive compensation.
After the meeting, I had the opportunity to speak with some of the directors and provide them with feedback and suggestions. They were receptive to my input, and I left the meeting feeling optimistic about the company’s willingness to listen and improve their governance practices.
I followed up with the company after the AGM and was pleased to see that they had taken some of my suggestions on board. They had added more independent directors to the board and had increased their disclosure of executive compensation.
Attending AGMs is an essential way to engage with companies and hold them accountable for their actions. As a corporate governance advocate, I encourage other shareholders to attend these meetings and provide feedback to the companies they invest in.
Overall, attending AGMs in Singapore can be an insightful and valuable experience, regardless of your role or perspective. From disruptive shareholders to corporate governance advocates, these meetings offer a unique opportunity to engage with companies, voice your concerns, and stay informed about the latest developments in the market.