Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Q&A, General question on stock market

views
     
Pan84
post Nov 1 2009, 07:08 PM

On my way
****
Senior Member
561 posts

Joined: Feb 2009
Guys, I need your helps. I'm holding an suspended stock "TAMCO". Recently their stock activity has been suspended by the Bursa Malaysia. Right now they are issuing a notice of AGM (Annual General Meeting) by mail that will be held on 10th of November @ KL. But now, in the mail comes with a little piece of financial report , a cd copy of the whole financial report and a piece of form of proxy for the shareholder to fill in. What is the form of proxy for? Do i need to reply and send back to them?
Pan84
post Nov 1 2009, 07:30 PM

On my way
****
Senior Member
561 posts

Joined: Feb 2009
QUOTE(rosdi1 @ Nov 1 2009, 07:27 PM)
You need to fill in and send to the register the proxy form only if you couldn't attend the AGM/EGM and you want someone else to represent you.
Otherwise no financial significant.
*
Ok. But the problem now is WHO should I elect to represent me?
Pan84
post Nov 1 2009, 08:44 PM

On my way
****
Senior Member
561 posts

Joined: Feb 2009
QUOTE(skiddtrader @ Nov 1 2009, 08:04 PM)
First thing is decide whether you want to go for the AGM or not. If you really want to go then try to make it there yourself.

If you really can't make it, but want to vote on something in their proposal, then you can send a proxy/representative.

The proxy form is to register your representative so that the person can vote in your place since you can't make it.

You representative can be anyone above 18 years old I think.

It is not compulsory to attend AGMs.
*
For sure I can't attend the AGM because I stay in Kedah have personal business on running here. From the way you said, "not compulsory to attend AGMs". Which mean vote or not vote also not compulsory.

I was thinking want to vote but the problem is I don't have any friend in KL can help me to deliver the vote.


QUOTE
If you are holding significant shares here you might want to attend it yourself.
i think this is a very important AGM.
The company had being requested by Bursa to be delisted because they have to look at another core business.
Usually proxy attended the meeting for the door gift but for this company I don't think they are going to give any since they are talking about survival.


I know the company currently running without core business. That's why Bursa requested the company to be delisted. So, I just a minor shareholder and somemore this company was my first buy because i was new to stock market. Well if the company will be delisted in future, I already prepared to pay the risk to loss my money to buy this lessons. So right now, I'm still having problem want to submit the form of proxy. Want to make the company running on the market.
Pan84
post Nov 1 2009, 10:12 PM

On my way
****
Senior Member
561 posts

Joined: Feb 2009
QUOTE(skiddtrader @ Nov 1 2009, 09:36 PM)
Looks like you can't vote then. To be honest, I don't think it will matter anyway.
*
Then I will just leave it. Let the company to be fate by itself. blush.gif

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0438sec    0.47    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 04:21 PM