A company 12-monthly general assembly (AGM) is normally an event in which the aboard of company directors discusses the important thing issues that influence the business. Also, it is a chance for investors to ask inquiries and share their opinions regarding the company.
The board of directors gives direction and governance with respect to the company. They will introduce financial statements and discuss the actions used by the company. In addition , they present the company’s challenges and skills.
To prepare just for an AGM, a company need to have a clear and concise platform. It should involve items that require voting. Every item should be approved by a two-thirds majority of paid associates.
It is also extremely important to provide details to the shareholders about the annual report and dividends. Additionally , you need to communicate regarding any changes to the company’s composition.
Before the AGM, a notice has to be sent to most shareholders. https://cof-cg.org/2020/08/11/corporate-social-responsibility-how-it-can-benefit-your-business This realize should include the date, time, and location on the meeting. Plans is also essential, as it ensures that attendees could have reviewed the documents.
As soon as the meeting has started, a chairperson leads the topic. The chairperson can be elected or perhaps chosen by the board of directors. In case the chairperson is absent, an additional person in the company usually takes over.
The minutes in the meeting are ready by the company secretary. They can be then approved at the next AGM.
Investors can also make proposals or raise concerns at the AGM. Some issues may relate to audit studies, accounting regulations, or the company’s future.