All listed companies will have to return to conducting their general meetings physically after the Ministry of Law revokes its Covid-19 (Temporary Measures) (Alternative Arrangements for Meetings) orders from July 1, 2023, says the Singapore Exchange Regulation (SGX RegCo).
Between now till the revocation date of the orders, listed companies may still continue to use the checklist issued by the Accounting and Corporate Regulatory Authority (ACRA), the Monetary Authority of Singapore (MAS) and SGX RegCo on the conduct of general meetings.
“SGX RegCo notes that ACRA and MAS are working on legislative amendments on the conduct of general meetings by electronic means after the orders are revoked,” says the market regulator. It adds that it will work “closely” with the central bank to provide guidance where companies will have the option to conduct hybrid meetings.
