Should listed companies make more effort to increase the attendance at AGMs? How can they do this?

If listed companies and shareholders see the AGM in terms of value creation, investor promotions and brand building, rather than just a regulatory compliance, attendance should improve. Shareholders are most concerned about the value of their shares, in the near or distant future. A systematic exposition by the chairman and CEO about

the company’s strategy and aims would likely attract a bigger crowd. Major issues involving a takeover, merger or acquisition that require the endorsement of the shareholders wll also boost attendance.

Tan Kok Leong

Principal,

TKL Consulting

Monday, April 24, 2006

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