Sunday 26 May 2019

Hk agm vs sg agm similarities and differences

Was in hk for agm on 20 and 21 may. The main purpose of the trip was to decide whether i should continue allocating funds into it and i have gotten an answer from the agms but thats not the purpose of this post.
Please do note that i only have went for 2 so it could be different for other agms.




Similarities
-Age group attending mostly elderly


-Showing of identification and signing an acknowledgement of number of shares you have

-Management answering questions


-Voucher for refreshments/ door gifts etc

Differences
-Proxy nomination by CIMB is $32.10 for each agm. Unlike in sg which is free as u just show ur NRIC as the shares are held in your cdp account.


-Can be held in chinese or english. Which means all resolutions etc are read in chinese or english


-Question asking and answering in cantonese.


-Elderly look to be snapping up drinks and tibits in a frenzy more worst than i have ever seen in sg.


-Results are to be posted on the hkex website and not shown at end of the voting


-Pen and paper used in voting of resolution.

Would like to commend the staff at one of the agms i went. I was given a gift slip when i registered but after voting i lost the slip and was unable to present the slip for a gift. So i told the staff in english i might have accidentally submitted it when i submitted the voting slip and the staff gave me the gift as well. Felt quite thankful for it as its my own mistake...















Thanks to the staff, i was able to obtain 2 new era caps as a gift from 1 of the agm. The other agm just gave light refreshments.

Overall any trip will unlikely be 100% perfect but i am fairly satisfied with this trip.

Following the trip and over the weekend, i have decided to set 2 fairly unlikely targets that i would like to hit and the rewards i would award myself should i hit them.




As usual, time for a k-pop related picture.




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