To reduce close contact between attendees at the physical AGM, no gift vouchers, food and beverages (other than bottled water) will be provided. We seek to intermediate trade and capital flows as well as support wealth creation in Asia. Best Bank in the World 2020, Global Finance, Best Bank in the World 2018, Global Finance.
Singapore, 24 Mar 2020 - The Ministry of Health has on 20 March 2020 issued a notification requiring events and gatherings with 250 or more participants in attendance at any one time to be suspended till 30 June 2020, as part of stricter safe distancing measures to prevent the further spread of Covid-19 cases. For more information on these matters, shareholders can refer to our 1Q 2020 CEO and CFO presentation decks and audio recording of the results briefing, which can be found on our Investors website here. When will Mr Gupta's tenure as CEO end, and who are the candidates identified as potential replacements? SPH Digital News / Copyright © 2020 Singapore Press Holdings Ltd. Co. Regn. Temperature screening (in addition to the venue’s thermal monitors) and the compulsory submission of travel and health declaration forms will be required. Will the Board be taking any remuneration cuts for FY2020? New entrants into any market increase competitive intensity, and the five new virtual banks who will be awarded licences this year are no exception to the rule. Any shareholder/ proxy who is detected to have a fever, or is exhibiting flu-like symptoms, will be denied entry. Shareholders who held shares before 26 February 2020 would have received a hard copy of the proxy form together with the Notice of AGM. The directors’ fees for financial year 2020 will be reviewed by the Board at the end of 2020/early 2021. “Shareholders are strongly encouraged to use this option,” said the bank in its announcement to the media. You can read this subscriber-only article in full, All done! We held our AGM by electronic means on 30 April 2020. In fact, succession planning is something we do not just for the CEO role, but for all senior management roles, and the plan is reviewed annually. Based on data for Jan 2020 to Mar 2020, is it possible to extrapolate the data? Nonetheless, we approach funding on a holistic basis, and will look to price all sources of liquidity efficiently. The Singapore Exchange provided guidelines earlier this month on how companies should conduct AGMs, including limiting the number of attendees to fewer than 250 people. But a log-in is still required for our PDFs. We thank you for your patience and co-operation in enabling us to successfully convene the adjourned 21st Annual General Meeting by electronic means. The transcript of the trading update will also be available on our Investors page by 8 May 2020. Was wondering what is the company's train of thought when selecting causes or projects in terms of its Corporate Social Responsibility endeavours?
How will DBS compete with the digital banks when they commence operations in Singapore? We also received many questions relating to our business outlook, dividend outlook and credit outlook (including impact arising from Covid-19 and the decline in oil prices), many of which were addressed during the AGM by our CEO, Mr Piyush Gupta. Has the bank stop its share buyback now due to MAS's advisory? To strengthen the balance sheet, is acquisition of another bank viable? We will also have a queue management system where we will be spacing out of persons in the queue by at least 1 metre apart. We do not expect to raise any capital instruments (term subordinated debt or perpetual securities) during the year.
The numbers must also work. The online broadcast of the annual general meeting at 2pm next Tuesday is part of DBS' measures to minimise close contact, the bank said on March 24, 2020. i) are unable to attend the AGM due to the requirement to keep the number of participants at the AGM to below 250; ii) wish to watch the AGM proceedings but are concerned about the risk of Covid-19 transmission when attending large scale events; iii) are unable to attend the AGM due to Covid-19 restriction orders; and/ or. Will you be making quarterly or half-yearly dividend pay-out, given the change in quarterly reporting requirements? Small-ticket deals, such as our Soc-Gen and ANZ acquisitions, have been most effective as integration is manageable and will not distract us from our digital agenda.