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An Annual General Meeting (AGM) is held once in every calendar year and is the main avenue for shareholders to dialogue and interact with directors. Shareholders tend to see this as an opportunity to raise questions on the operational and financial performance as well as any other major developments or issues of a company.
A. Timeline to conduct an Annual General Meeting (AGM) 2.1 When is a listed issuer required to conduct its AGM? Under section 340(2) of Companies Act 2016, a company shall conduct its annual general meeting – (a) within six months of the company’s financial year; and
Under section 340(2) of Companies Act 2016, a company shall conduct its annual general meeting (AGM)–. within six months of the company’s financial year; and. not more than 15 months after the last preceding annual general meeting.
Jun 30, 2024 · An annual general meeting, or annual shareholder meeting, is primarily held to allow shareholders to vote on both company issues and the selection of the company’s board of directors.
COMPANIES ACT 1965 (REVISED - 1973) Section 143. Annual general meeting. (1) A general meeting of every company to be called the "annual general meeting" shall in addition to any other meeting be held once in every calendar year and not more than fifteen months after the holding of the last preceding annual general meeting, but so long as a ...
Annual General Meeting 7. Section 340(2) of CA 2016 provides that every public company must hold an AGM within 6 months form the date of its financial year end and not later than 15 months from the date of its last preceding AGM. 8. If a company is unable to hold an AGM within the stipulated
OBJECTIVE. 2. This Practice Directive serves to clarify the powers of the Registrar relating to the application for the extension of time— to hold annual general meetings under section 340(4) of the Companies Act 2016 (CA 2016); (aa) to circulate the financial statements and reports under PN 3/2018;
