On 20 March 2020, the Business Times published an article on the SGX’s best practices guidelines to listcos holding AGMs during the Covid-19 outbreak. TSMP Law Corporation joint managing partner Stefanie Yuen Thio welcomed the SGX RegCo’s ” well balanced guide on how to handle uncharted waters”. She reckoned there is nothing to stop an issuer from holding a physical meeting and letting shareholders tune in via live streaming, for example.

“Those tuning in would not be considered ‘present’ but they can exercise their voting rights by sending in proxy forms,” she said.