Extraordinary General Meeting (EGM)
Written for sgstocksbrief.com.
Any general meeting of shareholders other than the annual one, called because a decision cannot wait until the next AGM. Typical business is approving a major acquisition or disposal, issuing new shares, altering the constitution, or appointing or removing a director. It can be convened by the board, or requisitioned by shareholders holding enough of the voting capital to compel one.
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