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Samsung Electronics Requests Shareholders to Vote Uisng Internet for AGM Amid Coronavirus Pandemic

Technology titan Samsung Electronics is adopting electronic voting for the primary time ever for this year’s annual general meeting (AGM) on March 18, requesting shareholders to use it to help limit the coronavirus outbreak.

Samsung Electronics Requests Shareholders to Vote Uisng Internet for AGM Amid Coronavirus Pandemic

Samsung’s AGM is happening at a convention facility in Suwon, about 30 km south of Seoul, with a capacity of some 3,000 individuals based on the center website.

Samsung’s investor relations website Monday requested shareholders to take advantage of the chance to vote through the internet up to March 17.

The firm held a 1-to-50 stock split two years ago, leading to a massive rise in shareholder numbers.

In what is the second-largest epidemic in Asia after China, S-Korea reported 74 new coronavirus cases Monday, bringing the nation’s tally to 8,236.

Reflecting steerage from the Korea Centers for Disease Control and Prevention steerage, Samsung called for digital voting by shareholders with signs, or who have visited places with high-risk areas.

The shareholders’ meeting will be geared up with thermal cameras and contactless thermometers, and shareholders with fever or cough symptoms may be restricted from entering.

Other Samsung associates, along with Samsung Electro-Mechanics, Samsung SDI and Samsung SDS, may also hold AGMs Wednesday.

World’s second-largest memory chip manufacturer SK Hynix, which will hold its AGM this Friday, aims to seat shareholders some two meters away from each other, a spokesperson stated.

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