China Merchants Holdings Pacific

[pattanispirit]

Hungry people are disgraced lot?

http://www.straitstimes.com/premium/foru...s-20150504

Don't let food cause disruptions
Published on May 4, 2015 1:07 AM
PRINT
EMAIL


I RECENTLY attended a few annual general meetings (AGMs), and observed that a majority of the people were there more for the food than the meeting's agenda.

Before the AGMs ended, many could be seen leaving the room so that they can be the first to reach the buffet table.

Some were also packing food to take away.

Many companies try to solve this problem by giving out meal coupons to help prevent a rush for the food.

However, this does not solve the problem completely, as can be seen at the recent China Merchants AGM.

The meeting was at 4pm but quite a number of shareholders arrived at 4.30pm, one of whom disrupted the meeting because he was told that there were no more meal coupons.

He was joined by a few other shareholders and, together, they caused the extraordinary general meeting after the AGM to be disrupted.

It reflects badly on the nation when someone feels the need to barge into a meeting to demand a meal coupon.

Is food really an entitlement at all the AGMs?

If required, perhaps meal coupons can be handed out and redeemed before the start of an AGM.

Those who are there only for the food - some of whom tend to talk during the sessions - can then take the coupons and leave without attending the meeting.

Alan Ng Soon Hock

i was there too. the way some of the shareholders behaved is like china's beggars.

1 of them even shouted at the management's SG employee, the lady translator :
"u r not fit to talk to me. I'm the shareholder of the company, I'm yr boss, u know."

he got agitated becoz he ask her initially where r the vouchers.
instead of answering him or handling it properly, she keep smiling and say it has run out.

think she could have thought he is just joking with her, instead she got him agitated.

last year was at pan pacific, the buffet was quite good. it was full house with some left standing. i was also attracted partially to return for the buffet.

so this year they shift to suntec, which is bigger, but the turnout is even bigger.

they prepare 80 set of bento and issue vouchers at entrance. the food quality can be seen is no where near last year's.

the turnout could be around 150 ~ 200, so more than half without voucher. anyway, the paper pack bento don't look appetising.

anyway, the management announce that they will mail out vouchers to those who attend but never receive that day.

other than that, the management also don't have proper planning for odd lot coming from the 20:1 bonus share.

so, shareholders have to settle themselves before the ex date to prevent getting odd lots.