Korea Herald (March 15)
Despite COVID-19, AGMs will go on in South Korea. “A total of 314 South Korean companies, including Samsung Electronics, Hyundai Motor and SK hynix, will hold shareholders meetings this week.” They are taking special “measures to counter concerns over potential spread of the coronavirus at the meetings.” For example, Samsung has moved the meeting from its headquarters to a convention hall and “asked shareholders to make extensive use of online voting” whereas SK hynix “will increase the distance between shareholders’ seats to 2 meters to minimize physical contact.”
Tags: AGMs, Coronavirus, COVID-19, Distance, Hyundai, Online voting, Physical contact, Samsung, Shareholders, SK hynix, South Korea
New York Times (June 27)
Japanese shareholders are “starting to show their teeth.” Shareholders have been unusually vocal at the annual general meetings of major Japanese companies this year. “Shareholder meetings this summer have been marked by a flurry of proposals from investors challenging the management—opposing board appointments, for example, or simply expressing anger at executives.”
Japanese shareholders are “starting to show their teeth.” Shareholders have been unusually vocal at the annual general meetings of major Japanese companies this year. “Shareholder meetings this summer have been marked by a flurry of proposals from investors challenging the management—opposing board appointments, for example, or simply expressing anger at executives.”
Tags: AGMs, Japan, Management, Proposals, Shareholders
