The Companies Act requires every company to hold an annual general meeting (AGM).
Business usually dealt with at the AGM includes –
- The receiving of the company's annual financial statements and the directors’ report thereon for the past year;
- The election or re-election of directors in place of those retiring by rotation;
- The appointment of a new auditor if notice has been given of his/her removal;
- Dealing with special business of which due notice has been given such as an amendment to its memorandum of incorporation.
General meetings, other than AGMs, are held for consideration of matters requiring the approval of shareholders which cannot be left over until the next AGM.
Please visit the iProxy webpage at: https://www.investorportal.co.za/sasolinzalo/
Shareholders may also participate in the AGM through iMeeting. You can click on this link to participate in the AGM through iMeeting: http://www.investorportal.co.za/imeeting/sasolinzalo/