If you had invested in equities of individual companies and units in real estate investment trusts (REITs) and held them in the Central Depository (CDP), or through your CPF investment account (CPF-IA) and/or supplementary retirement scheme (SRS) account, you would have received notices of annual general meeting (AGM), examples of which are shown in the picture below (Fig. 1).
Fig. 1: Examples of AGM notices (source: own photo)
If you search enough on the internet, you would have realised, at least for local listed companies and REITs, a lot of AGMs were held in the month of April. With the lifting of COVID restrictions, an announcement in December last year by the authorities stated that the option of having online official meetings, which included AGMs, would cease from 1 July 20231. From the slew of AGM notice letters that had been sent out, many companies and REITs were bringing back physical AGMs....