What Are Virtual and Hybrid Meetings in Singapore?
A:
Yes, virtual meetings have been officially accepted. On 9 May 2023, the government accepted the bill proposing changes to continue allowing companies to hold meetings via electronic means (either fully virtual or hybrid), after revoking it under the COVID-19 (Temporary Measures) Act.
A:
Hybrid meetings are those that involve a mixture of physical attendees, as well as remote attendees. For example, there might be a group of people in the office having a meeting in the conference room while a few other partake in the same meeting remotely via a large screen in the same conference room.
A:
Meetings such as the Annual General Meeting (AGM), Extraordinary General Meeting (EGM), meetings ordered by the Court under the Companies Act Section 182, Court-directed meetings with creditors and shareholders under the Companies Act Section 210, statutory meetings and general meetings held by amalgamating companies are all allowed to be conducted via virtual or hybrid means.
A:
Singapore companies have the option to continue holding physical meetings. Additionally, from 1 July 2023, companies can also choose to amend their constitution prohibiting holding of meetings via virtual or hybrid means, if required.
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Companies do not need to amend their constitution to hold virtual or hybrid meetings.
