AGM proposal considered.

Just received feedback from the Investor Relation Manager that he was happy to implement my proposal for the upcoming AGM.

He stipulated that the final decision is up to the Board whether it will be added to the AGM.

You may recall that I made reference in my previous post about management feedback, not to be dominated by the top 20, but it should encompass the whole spectrum of shareholders.

The following is a portion of my email,  sent last night,  to reiterate my points from a previous correspondence.
Had a few sherbets by the time I finished the email.

You may recall me mentioning about introducing two extra info or columns besides the poll voting  results relating to the remuneration and the issue of equities resolutions.
This extra information is collated on the bases of one vote per shareholder and entity.
That is my understanding how votes are dealt with, in mergers and demergers processes.
If there is great divergence between the poll result, management need to take heed of the reasons behind the disenchantment or displeasure – it will also be just an advisory.

The result will give a balanced view on how well the management team performance was perceived by the majority of shareholders and not purely based on the assessment of the privileged unidentifiable minority nominees shareholders and whoever advises them.

It also gives transparency to a suspicious reward system as seen by the majority of shareholders.
The best part, it gives visual confirmation that the Board and Management are finally listening to the majority of shareholders. Hopefully, eventually leading to greater participation rate of eligible shareholders, voting.

So don’t let this opportunity go by!  Get involved and pester the Board for its inclusion.

It basically give the same rights that is bestowed on all shareholders when a merger and demerger happens.

Hopefully, it may lead to the increase of the participation rate of eligible shareholders, if it hits the media.

Radicool Views.