Singapore Exchange Regulation (SGX RegCo) notes that the Ministry of Law intends to revoke the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings) Orders (Orders) from 1 July 2023.
Consequent to this, general meetings that all listed issuers conduct from the date of the revocation of the Orders will have to return to the physical mode.
Between now till the revocation date of the Orders, listed issuers may continue to utilise the Checklist issued by the Accounting and Corporate Regulatory Authority (ACRA), the Monetary Authority of Singapore (MAS) and SGX RegCo (available here), read together with the Regulator’s Column issued by SGX RegCo (available here), 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. SGX RegCo will work closely with MAS to provide guidance for listed issuers to have the option to conduct hybrid meetings.
