{"id":4738,"date":"2021-09-18T23:43:43","date_gmt":"2021-09-18T19:43:43","guid":{"rendered":"https:\/\/nayarweb.com\/blog\/?p=4738"},"modified":"2021-09-18T23:43:43","modified_gmt":"2021-09-18T19:43:43","slug":"first-time-attending-company-annual-meeting-sbm-holdings-ltd","status":"publish","type":"post","link":"https:\/\/nayarweb.com\/blog\/2021\/first-time-attending-company-annual-meeting-sbm-holdings-ltd\/","title":{"rendered":"First Time Attending Company Annual Meeting: SBM Holdings Ltd."},"content":{"rendered":"<p>I started investing in the stock market since May 2021. I had bought few shares of SBM Holdings Ltd (SBMH.N0000). And I was therefore sent the Annual Report and an invitation to attend the Annual Meeting. BTW, SBM stands for State Bank of Mauritius.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/scontent.fmru6-1.fna.fbcdn.net\/v\/t1.6435-9\/240626532_10222892669178244_2133647978786945292_n.jpg?_nc_cat=101&amp;ccb=1-5&amp;_nc_sid=8bfeb9&amp;_nc_ohc=NCI8IWlL_18AX8hBYoe&amp;_nc_oc=AQmcy1DN0FDt-Nb8pkihN9fNLzLFQl-R4BVPQ19PL8veD9aQCSNA1qdisRpTQzAikB8&amp;_nc_ht=scontent.fmru6-1.fna&amp;oh=8b24d53b29f36b23370c642023a1bef5&amp;oe=616CE6D1\" width=\"1788\" height=\"1760\" \/><\/p>\n<p>Due to COVID-19 pandemic, the meetings were separated into multiple rooms so I could get to see the board members live.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4745\" src=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830.jpg\" alt=\"\" width=\"4160\" height=\"2000\" srcset=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830.jpg 4160w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830-300x144.jpg 300w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830-768x369.jpg 768w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830-1024x492.jpg 1024w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_114830-1272x612.jpg 1272w\" sizes=\"auto, (max-width: 4160px) 100vw, 4160px\" \/><\/p>\n<p>Basically the meeting starts by the board members saying all is good. Then QA session where board members are asked questions about scandals, mismanagement of funds. The board will answer these:<\/p>\n<ul>\n<li>We are only a holding company so we cannot answer what the operating company are doing<\/li>\n<li>We cannot divulge loans given to certain customers as these are private<\/li>\n<li>We take note, we will relay the information to the children company board members.<\/li>\n<\/ul>\n<p>So basically what I understood is that the actual banking company is shielded from any scrutiny as I have shares only in the holding company and thus will not get invited in the children annual meeting if they do happen.<\/p>\n<p>Everyone got 2 bags of food: 1 food pack for breakfast and 1 food pack at the end for lunch. Yay!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4751 size-full\" src=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105.jpg\" alt=\"\" width=\"1996\" height=\"1871\" srcset=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105.jpg 1996w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105-300x281.jpg 300w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105-768x720.jpg 768w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105-1024x960.jpg 1024w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105-1272x1192.jpg 1272w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130003-e1631993814105-1536x1440.jpg 1536w\" sizes=\"auto, (max-width: 1996px) 100vw, 1996px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4752 size-full\" src=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243.jpg\" alt=\"\" width=\"1996\" height=\"2589\" srcset=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243.jpg 1996w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-231x300.jpg 231w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-768x996.jpg 768w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-789x1024.jpg 789w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-1272x1650.jpg 1272w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-1184x1536.jpg 1184w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_130008-e1631993883243-1579x2048.jpg 1579w\" sizes=\"auto, (max-width: 1996px) 100vw, 1996px\" \/><\/p>\n<p>Tastes OK but I would have preferred Dividend payments. The goodies bag cost more than the amount of dividends I would have got but still \ud83d\ude1b<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4744\" src=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146.jpg\" alt=\"\" width=\"4160\" height=\"2000\" srcset=\"https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146.jpg 4160w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146-300x144.jpg 300w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146-768x369.jpg 768w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146-1024x492.jpg 1024w, https:\/\/nayarweb.com\/blog\/wp-content\/uploads\/2021\/09\/IMG_20210915_122146-1272x612.jpg 1272w\" sizes=\"auto, (max-width: 4160px) 100vw, 4160px\" \/><\/p>\n<p>Next hopefully will attend the meeting for SWAN GENERAL LTD. Wonder how similar it would be to this one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I started investing in the stock market since May 2021. I had bought few shares of SBM Holdings Ltd (SBMH.N0000). And I was therefore sent the Annual Report and an invitation to attend the Annual Meeting. BTW, SBM stands for State Bank of Mauritius. Due to COVID-19 pandemic, the meetings were separated into multiple rooms &hellip; <a href=\"https:\/\/nayarweb.com\/blog\/2021\/first-time-attending-company-annual-meeting-sbm-holdings-ltd\/\" class=\"continue-reading\">Continue reading <span class=\"screen-reader-text\">First Time Attending Company Annual Meeting: SBM Holdings Ltd.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":4745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[247,248],"tags":[],"class_list":["post-4738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment"],"_links":{"self":[{"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/posts\/4738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/comments?post=4738"}],"version-history":[{"count":7,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/posts\/4738\/revisions"}],"predecessor-version":[{"id":4755,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/posts\/4738\/revisions\/4755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/media\/4745"}],"wp:attachment":[{"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/media?parent=4738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/categories?post=4738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nayarweb.com\/blog\/wp-json\/wp\/v2\/tags?post=4738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}