Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Informatics Education — Shareholder Meeting (November 2020)
8 slides from Singapore Exchange's shareholder meeting presentation, Nov 26, 2020
Slide 1: 37th Annual General Meeting and Extraordinary General Meeting
37th Annual General Meeting and Extraordinary General Meeting 26th November 2020
Slide 2: FY20 Overview & COVID Management
FY20 Overview & COVID Management 1. Financial Highlights Revenue Increased 43% (14% annualised) Profitability Losses reduced 88% (annualised) Operating Costs Reduced 28% (annualised) 2. Continuing to build Local Partnerships 3. Shift to Online/Blended Learning – Delivery & Assessment 4. Partnership
Slide 3: FY20 Overview & COVID Management
FY20 Overview & COVID Management 9. EduTrust License Renewal – Delayed to January due to COVID 10. Oxford Brookes University – Revalidation successfully completed 11. NLB Office rationalisation – March 2021 12. Maintained employment of all Singaporeans and global employees at optimum level
Slide 4: What’s Next – 2021 and beyond
What’s Next – 2021 and beyond Overall: • We are strong and in business – and ready to act fast • Return to the pre-COVID expectations of profitability and positive cashflows • Partnerships with new overseas partners (traditional programs and MBA) – pending • New programs to commence – Traditional de
Slide 5: Questions from Shareholders
Questions from Shareholders Question 1 I note that Dato Seri Robin Tan had earlier opted to retire as a director during this AGM but changed his mind. May I know what is the reason for his change of mind? Response: Dato’ Sri Robin’s decision to retire from the Board was planned before the onset of t
Slide 6: Questions from Shareholders
Questions from Shareholders Question 2 The company has applied to SGX for an extension of removal from the watchlist. I believe SGX will reply before the AGM. But in any case, if SGX rejects the company, what are your plans? If SGX allows some extension, what are your plans? Response: SGX has on 23
Slide 7: Questions from Shareholders
Questions from Shareholders Question 3 The company has received an "emphasis of matter" from the auditor for at least the 2nd year running already. Despite the cash injection via rights issue, and a big increase in shareholding of Tan Sri Vincent Tan, there is no meaningful improvement in the existi
Slide 8: 37th Annual General Meeting and Extraordinary General Meeting
37th Annual General Meeting and Extraordinary General Meeting 26th November 2020
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