Dear Sir,

The current lacklustre retail interest in listed companies on the Singapore Exchange can be partly attributed to the way minority shareholders are being treated by the management and the board of directors of certain companies at annual general meetings (AGMs) and extraordinary general meetings (EGMs). The management who runs the day-to-day operations is answerable to the board and, in turn, the board is answerable to the shareholders, who own the company. Investors, minority or majority, should be treated equally and with respect.

Most retail investors are minority investors. Individually, they own only a few shares, but collectively they may own a sizeable chunk of the shares and may be a force to reckon with. They should not be mistreated or worse, bullied or threatened by the management and board of the companies they own.

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