Invest
Singapore-Style Annual General Meeting (AGM)
By Heartland Boy  •  May 22, 2016
Annual General Meetings (AGM) season is finally over. To some people, the main objective in attending an AGM is the buffet spread that usually happens after the meeting. Some shareholders see this as another form of dividend that they are entitled to. Heartland Boy doesn’t like to participate in the mad dash and am quite glad that more companies have recently replaced the buffet with bento sets. This is to minimize the incidence of kiasuism rearing its ugly head. Interestingly, some companies such as Capital Mall Trust have replaced meals with Capita Mall vouchers. So maybe, it is indeed right to think that the freebies that often accompany the AGM (whether buffet spread, bento set or vouchers) are indeed another form of dividend for the shareholders. Buy one hundred shares of Capitaland and receive S$ 20 Capita Mall vouchers during the AGM, that’s an additional 6.5% yield. Such yield ......
Read the full article
By Heartland Boy
Heartland Boy is a young working adult who pretends to be competent in the real estate industry despite graduating with only a Business Management degree. Outside of work, he analyses stocks, reits and property for investment to build passive income. He is also a stickler for all things that represent value-for-money.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance