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MSWG Weekly Newsletter 07 August 2020 (English)

07.08.2020

Virtual platform providers must not be scrutineers

MSWG has noted instances where the meeting platform providers for virtual general meetings, or its related organization, also double up as the Scrutineers. This is a conflict of interest.

According to Paragraph 8.29A (2) of Bursa Malaysia Listing Requirements, listed issuer is required to appoint at least one Scrutineer to validate the votes cast at a general meeting.