During the window from April to May, many companies usually file their financial results for the previous year. What follows is a mandatory meeting, or commonly known as the annual general meeting (AGM), that is held between the company’s shareholders and directors once a year as its name suggests.

At the meeting, the directors share with shareholders the past year’s business performance, strategies and the outlook going forward. On top of that, shareholders get to vote for the election of new or existing directors, approval of directors’ fees, auditors, payment of dividends, etc.

Most importantly, AGMs give you an opportunity to pose any questions you have to the directors of the company. Based on how they answer your questions (or not), this gives you an insight into how open and transparent the board and management are — especially when faced with hard questions.

SIAS – Securities Investors Association (Singapore) –