STACS featured on Business Time — Adapting to a new virtual reality


Should annual general meetings (AGMs) go virtual even post-pandemic? What’s needed to ensure that virtual AGMs uphold the spirit of shareholder engagement and corporate transparency?

Below is our Managing Director’s, Jay Ng’s, contribution to Views from the Top in the Business Times: Restrictions on mass gathering and working from home as a result of COVI-19 have thrown the spotlight on the importance of the use of technology. Without technology, we will not be able to work from home or to conduct meetings virtually. The same goes for AGMs which listed companies must hold to get shareholders’ approval on the resolutions. Technology will enable AGMs to go virtual and also uphold the spirit of shareholders engagement. Shareholders can interact with the management virtually and corporate transparency will not be compromised. Technology will definitely play an important part in transforming businesses technology to transform the finance sector. As such, customers can do transactions efficiently, remotely and securely without the need to maintain physical presence.
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