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Singapore open to virtual shareholder meetings in post-Covid times: MAS

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THE Monetary Authority of Singapore (MAS) and the Singapore Exchange Regulation (SGX RegCo) are open to allowing hybrid and fully virtual shareholder meeting formats as a long-term option, should they 'be carried out effectively', said MAS's deputy managing director Ong Chong Tee on Monday. Read more at The Business Times.

At present, companies can continue to conduct their general meetings via alternate non-physical means up till June next year.

Examples of such requirements are broadcasting the meetings by"live" webcast, supporting proxy voting and allowing shareholders to ask questions, and having the questions addressed ahead of the general meeting.

 

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