27 Mar 2012

Annual General Meetings (AGMs)

AGMs for a few of my stocks have been called. I have never attended an AGM partly out of uncertainty, partly out of nonchalance. As a minority shareholder, I feel that I have little influence on the running of the business. If I do attend, it'll be for the gathering of insights about the intricacies of the companies' business.


Currently, I don't know what to expect within an AGM nor the benefits of attending one. I am clueless about etiquette and the questions one should pose to management & the board. It is a known unknown to me. But I plan to make it a known known.


Hence, am targeting to attend AGMs for:
  1. CapitaMall - 12 Apr 2012, Raffles City Convention
  2. Cache Logistics Trust - 18 Apr 2012, Suntec Convention Hall
  3. Starhill Global REITS - 26 Apr 2012, Hilton Hotel
What kind of questions would you ask at an AGM?

Don't know? Research. 


A prepared person rarely appears foolish. This guide by PriceWaterCooperHouse gives hundreds of sample questions to ask:
http://www.pwc.com/en_US/us/corporate-governance/assets/shareholder_questions_2009.pdf


I will identify a few common questions to ask at an AGM. Will be adding to this post again.

While the PWC guide in the link above is scoped for the 2009 economic situation. I feel a good number of questions, if answered well, will yield beneficial understanding of our stock investments.

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