Corporate governance: stock exchanges must monitor AGM scheduling to protect shareholder participation rights. Stock exchanges must strengthen surveillance to detect and prevent practices that restrict shareholder participation at AGMs, such as scheduling related-company meetings with only a 15-minute interval, which prima facie prejudices investor interests. Exchanges are required to monitor listed companies' compliance with listing conditions and the Principles of Corporate Governance, and to ensure that procedures do not make it unduly difficult or expensive for shareholders to vote, in line with the revised Clause 49 effective October 1, 2014.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Corporate governance: stock exchanges must monitor AGM scheduling to protect shareholder participation rights.
Stock exchanges must strengthen surveillance to detect and prevent practices that restrict shareholder participation at AGMs, such as scheduling related-company meetings with only a 15-minute interval, which prima facie prejudices investor interests. Exchanges are required to monitor listed companies' compliance with listing conditions and the Principles of Corporate Governance, and to ensure that procedures do not make it unduly difficult or expensive for shareholders to vote, in line with the revised Clause 49 effective October 1, 2014.
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