In 2020 when Covid-19 emerged, the regulatory authorities fast-tracked legislation to allow listed companies to hold their AGMs either virtually or in a hybrid fashion. Now, with almost 2 years’ worth of experience, it is timely to discuss the lessons learnt and highlight areas of possible improvement at AGMs and EGMs.
Recently, companies are required to answer all the questions from shareholders before the deadline to submit proxy votes. For some corporate actions, companies are also required to have a Virtual Informational Sessions (VIS) to take live shareholders’ questions.
How can companies be prepared with the new waves of shareholder engagement? What do shareholders expect from companies for more quality communication?