Singapore Corporate Governance

EP57: Provision 11.3 General Meeting Attendance

Irwin Luo Season 1 Episode 57

Provision 11.3 says

 “All directors attend general meetings of shareholders, and the external auditors are also present to address shareholders’ queries about the conduct of audit and the preparation and content of the auditors’ report. Directors’ attendance at such meetings held during the financial year is disclosed in the company’s annual report.”

What signal is given, if some directors are missing during the General Meetings? Either that they do not care about shareholders or that they worry about the questionings during such meetings. 

Show Notes
1) Download the Singapore Code of Corporate Governance below


https://www.mas.gov.sg/-/media/mas/news-and-publications/code-of-corporate-governance-6-aug-2018-revised-11-jan-2023.pdf

2) Join the preparatory course for the SCA exams

https://courses.learningluminaries.com/courses/sca-business-valuation-governance