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It’s AGM Season!
By The Bedokian Portfolio  •  April 2, 2023
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....
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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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