16-04-2012, 09:11 PM
(16-04-2012, 02:06 PM)Some-one Wrote:(14-04-2012, 11:14 AM)FFNow Wrote: If AGMs are mostly falling on the same day, one can't personally attend all the AGMs and ask questions and size up the management. Has anyone in this forum brought this up with SGX or any other governing bodies to stagger AGM timings happening on the same day as a suggestion?
I guess it is not possible because the holding of the AGMs are specific to the companies' management. SGX would not have jurisdiction over the companies' policies.
But SGX has jusridiction over the deadline on when listed companies should hold their AGM. They should extend the deadline by 2 more months or mandate certain companies by allotment to hold their meetings on a weekend.
The current rule is all AGM must be held no later than 4 months after the release of the Final year results