SATS Ltd. is Asia’s leading provider of food solutions and gateway services with customers in over 55 locations and 14 countries. Since their listing on the Singapore Exchange (SGX) in 2000, SATS has been named a top company in Asia not just by market capitalization, but also as a leader in corporate governance and transparency.
Because of the lockdowns and restrictions that happened in Singapore due to the COVID-19 pandemic, SATS Ltd. among many other companies needed to find a way to hold their annual general meetings through virtual means to still be compliant with legislative requirements.
First Experience with ConveneAGM
Upon searching online for suitable virtual AGM solutions, SATS Ltd. settled on using ConveneAGM to facilitate and help set up their virtual AGM. Fully transitioning to doing AGMs virtually because of the pandemic was very sudden and comparatively challenging. However, with the help of the ConveneAGM support team, SATS Ltd. was able to hold a successful virtual AGM in 2020.
Trusting and Using a Virtual AGM Solution
Impressed with their experience in using ConveneAGM for their annual general meeting during the initial months of the pandemic, SATS Ltd. again chose to use the virtual AGM solution again in 2021. This time they wanted to be able to practice excellence in corporate governance and transparency as per its reputation of being one of the leading companies within the Asian aviation industry.
SATS Ltd. achieved this objective by adopting ConveneAGM’s real-time textual Q&A feature. This effectively allowed the company’s shareholders to send questions during the AGM broadcast that would be immediately verified by the SATS Ltd. team. Once verified and filtered, these question were then read and answered instantaneously by the SATS Ltd. board of directors.
Shareholders also had the additional option of submitting questions just prior to the annual general meeting. This allowed the SATS Ltd. and the ConveneAGM support team to already incorporate these previously submitted questions into the AGM meeting agenda itself.
Owning their Virtual AGM
For their 2nd annual general meeting held through virtual means, SATS Ltd. wanted to be able to fully own their virtual AGM. The ConveneAGM went then the extra mile and created a fully customized meeting environment within the solution for SATS Ltd. This included ensuring that the meeting site for the virtual AGM and the broadcast was complete with their corporate colors and branding.
The support team also configured the solution’s workflow settings specific to their corporate secretariat’s requirements. Doing this enabled for their secretariat to become more comfortable in using the virtual AGM solution in doing the AGM meeting processes.
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ConveneAGM is the highly rated virtual AGM solution for listed companies and organizations in Singapore. Discover why over 200+ organizations use ConveneAGM to hold their virtual annual general meetings.