Annual General Meeting (AGM)
An Annual General Meeting (AGM) is a mandatory yearly meeting of a company's shareholders. The primary purpose of the AGM is to present the company's financial statements to the shareholders for their approval, appoint or re-appoint auditors, and elect or re-elect directors.
Why is an AGM Important?
The AGM is a key corporate governance event. It ensures transparency and accountability by giving shareholders the opportunity to question the board of directors about the company's performance and to vote on key corporate matters.
Frequently Asked Questions
Is an AGM always required for every company?
Most companies are required to hold an AGM. However, private companies in Singapore can be exempted from holding an AGM if all shareholders agree to dispense with it.
When must the AGM be held?
If you are not a listed company, you must hold an AGM within 6 months after your company’s financial year end and file the annual return within 7 months after your company’s financial year end.
Who can attend an AGM?
All shareholders of the company have the right to attend and vote at the AGM. The company's directors and auditors are also typically present.
Grof Services Pte. Ltd.
32 Pekin Street #05-01, Singapore 048762
+65 6016 6399
[email protected]
Mon - Fri: 9am - 6pm
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