Theuns Eloff, chair of Astral Foods, tells the FM his company has a well-earned reputation for transparency
In “Hear no Evil: JSE Firms Gag Shareholders” , this publication erred by not making it clear that the Astral Foods AGM was a hybrid event, where shareholders could attend remotely or electronically. Astral did allow those shareholders who attended in person to ask questions orally, even if those who attended remotely were asked to submit their questions by text message.
While Astral is to be commended for providing hybrid facilities for its AGMs — which it did even before Covid — the point of the FM article was that, currently, those who attend meetings remotely are significantly disadvantaged by not being able to speak at these events. Dr Theuns Eloff, chair of Astral Foods, tells the FM that his company has a well-earned reputation among analysts for transparency. “The AGM was a legal and legitimate [meeting], with enough opportunity for meaningful engagement, both by in-person attendees and those attending in virtual fashion,” he says.The FM welcomes concise letters from readers. They can be sent to
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