In today’s briefing:
- Companies Seem Reluctant to Hold Online AGMs with Online Attendance
Companies Seem Reluctant to Hold Online AGMs with Online Attendance
- Online AGMs using Internet account for 18%. More than 90% of these meetings are limited to broadcasting the meeting, without allowing shareholders to exercise their voting rights during the meeting.
- Technical issues are cited as the reason why online shareholder meetings are not increasing, and the Ministry of Justice’s advisory board is discussing legal reforms.
- For companies whose goal is to pass company proposals at AGMs and end quickly, even if the resolution of issues is included in legal revision, it will have little effect.
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