General Meetings

The Group’s Annual General Meetings (AGM) and Extraordinary General Meetings (EGM) represent the primary platform for direct two-way interaction between the shareholders, Board and Management of the Group. In keeping with the deference to shareholder democracy and the transparency policy adopted by the Group, shareholders’ approval is required on all material issues including, but not limited to, the election and appointment of directors, material mergers, acquisitions and divestments exercises, as well as the appointment of Auditors and dividend payments. The attendance of shareholders at the Group’s general meetings has always been high as evidenced by the presence of about 2,000 shareholders at the AGM for financial year ended June 2010 despite the institutional bias in the investor base.

In addition to the AGMs and EGMs, shareholders and market observers are also welcomed to raise queries at anytime through Corporate Affairs and Communications, and the Investor Relations unit.