- Who is affected
- Directors and management of SGX-listed issuers, and their sponsors and advisers.
Summary
Background On 19 April 2023, the Singapore Exchange Regulation (SGX RegCo) provided further guidance on the conduct of general meetings, particularly on the expectations and standards required for the holding of hybrid meetings. In this regard, SGX RegCo has amended its Practice Note 7.5 and 7E – General Meetings for Mainboard and Catalist-listed companies respectively. The key changes cover the conduct of hybrid general meetings, shareholder rights, meeting notices and dissemination of documents, voting and minutes. A summary of the guideline as follows:
Location and Format of General Meeting 11 General meetings can be held either: At a physical place in Singapore and using technology that allows a person to participate in a meeting virtually.
This update is a summary of publicly available regulatory guidance prepared by SAC Capital Private Limited for general information. It is not legal advice. Issuers should refer to the SGX Listing Rules and consult their sponsor or legal adviser.