This year I count myself lucky that I’m still able to share the insights I gleaned from Frasers and Neave’s (SGX: F99) recent AGM because I mixed up the location of the meeting and ended up in the wrong place. (I was probably half asleep while commuting!)
Fortunately, the actual location was nearby and I rushed there quickly. I did not want to miss the F&N AGM because it is one of the few AGMs I love to attend. I always learn new insights on how the business is doing and how the management plans to grow the business regionally. Based on my experience, the management team is rather shareholder-friendly in terms of dividends and communication with shareholders.
Here are the eight things I learned from F&N’s FY2016 AGM.
- F&N’s printing & publishing business unit has improved from a $15.3 million loss the previous year to $5.2 million …