Sacombank shareholders green-light online annual general meeting

Wednesday, May 27, 2020 23:50

A Sacombank branch in HCM City. More than 97 per cent of the bank’s shareholders have said ‘yes’ to holding its annual general meeting for fiscal 2019 online and voting electronically. — Photo courtesy of Sacombank

Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) on Wednesday said a majority of its shareholders have given approval for holding the annual general meeting for 2019 online.

To ensure the meeting can be held safely amid the Covid-19 pandemic, the bank decided to cancel the AGM scheduled for April 24 and sought shareholders opinions through a written ballot on organising virtual meetings including the AGM.

More than 97 per cent were agreeable to attending an online AGM and electronic voting.

The meeting will take place on June 5 at the White Palace Convention Centre in Phu Nhuan District, HCM City.

Guidelines to attend the online AGM of shareholders are available at — VNS

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