What If I Do Not Want to Conduct AGM ?
To minimise the operating cost, Pte Ltd company is allowed exempted from conducting of AGM.
To comply with the exempted of AGM, you need to :
- conduct Physical Meeting to approve dispenses off AGM
- All shareholder must agreed and approved ” Dispense off AGM”
- Company must send their financial statement to member within 5 months after the financial year end
After the above, AGM can be done by passing resolution by written.