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It still did not answer the question. Even though CPF money is invested through the investment agents bank, it is still money that the company can use. Basically, it is part of their equities. If that is the case, why CPF investors are been sidelined? What is the concern that the CPF board has? Investment banks charges CPF investor $2 per stock per quarter but it seems like it is not worth it as CPF investors cannot vote, cannot ask questions. I was wondering if they are even eligible for the free food.
The basic question here is, since CPF is our own money, except that we invest through an investment bank, why are we not eligible for vote or even be a proxy?
I know they are not direct owners but why they cannot even attend as proxy, but only as observer?
Is that so? Are you saying that CPF Investors can also attend as shareholders? How to do so? I call my investment banks and they say I can only attend as observer without voting rights.
The basic question here is, since CPF is our own money, except that we invest through an investment bank, why are we not eligible for vote or even be a proxy?
(27-09-2012, 03:04 PM)setan Wrote: CPF investor is not direct owner of your share, but your share is hold under the nominee of your investment bank. If you want to attend AGM, you need to request your attendance through your bank. I don't think that it is limited to 2 attendees only.
I know they are not direct owners but why they cannot even attend as proxy, but only as observer?
(27-09-2012, 03:09 PM)freedom Wrote: more than 2 can attend, but at most 2 as shareholders, the rest are observers only.
Is that so? Are you saying that CPF Investors can also attend as shareholders? How to do so? I call my investment banks and they say I can only attend as observer without voting rights.