Singapore Telecommunications Limited (Singtel), the largest mobile network operator in Singapore, has achieved remarkable growth, securing significant market shares in Singapore and Australia. As Asia’s premier communications technology group, Singtel plays a pivotal role in facilitating digital transformation for businesses, propelling growth, and fostering new opportunities.
Committed to shaping a sustainable digital future for its stakeholders, Singtel successfully hosted its 31st Annual General Meeting on July 28, 2023. Shareholders and investors were cordially invited to join the event in person.
Scaled-Up Registration Support for Shareholders
Managing shareholder registrations for Singtel’s AGM posed a significant challenge due to the extensive shareholder scale, especially given the physical nature of the 2023 AGM. To streamline this crucial pre-meeting process, Singtel turned to the ConveneAGM platform and its dedicated team for support.
With nearly 700 shareholders in attendance, Singtel set up 12 registration counters, bolstered by share registrars, scrutineers, and the ConveneAGM team. Traditionally, the manual registration and verification of identity and shares can be a laborious task. Fortunately, ConveneAGM introduced an innovative, contactless solution that allowed shareholders to conveniently register using their mobile devices and SingPass credentials.
Arthur Lang, Singtel’s GCFO, emphasised the magnitude of Singtel’s shareholder base, stating, “About 1 million Singaporeans own Singtel shares. Out of every 4 Singaporeans you meet on the street, there would be more than one who owns a stake in Singtel.” ConveneAGM played a vital role in enabling a significant portion of these shareholders to seamlessly participate in the annual general meeting, underscoring the power of efficient digital solutions.
Seamless and Contactless Voting
Singtel, a pioneer in innovation, seamlessly implemented contactless voting using the same method as the registration process. Utilising ConveneAGM, shareholders effortlessly and securely cast their votes on resolutions and elections with just a few clicks.
ConveneAGM, true to its name, made the voting experience smooth and hassle-free. The platform displayed the vote results in real-time, eliminating the need for manual tallying and enhancing the overall efficiency of the AGM.
As more companies return to hosting physical general meetings, Singtel’s approach stands as a testament to how a return to in-person gatherings doesn’t have to entail the challenges of manual processes. ConveneAGM emerges as the ideal solution—contactless, efficient, and cost-effective—powering general meetings for forward-thinking companies across all formats, be it virtual, physical, or hybrid.
Experience the potential of ConveneAGM to ensure a successful AGM, regardless of the chosen format for your company. Reach out to us today to schedule a demo and witness the future of AGMs in action!