Skip to main content

Julius Berger Annual General Meeting 2025: No virtual attendance?

Cowryvest Julius Berger AGM 2025

The 55th Annual General Meeting of Julius Berger Nigeria Plc held on June 19, 2025 at Shehu Musa Yar’Adua Center, 1 Memorial Drive, FTC Abuja, facilitated by the company and their registrars, Greenwich Registrars and Data Solutions. Resolutions from the meeting have since been published and are available to shareholders on the NGX Website.

However, it is surprising to notice that it appears like there was no provision for shareholders who could not make it all the way to Abuja to join in virtually to follow the conversation. Provision was only made for physical attendance and voting through proxies. Do publicly listed companies still do that in this day and age?

If there was one good thing that the world benefited from the last COVID-19 pandemic, it would be the compulsion to have meetings virtually, which then got nicely blended into our way of life afterwards. Several apps were developed and 'rediscovered' to accommodate virtual meetings, and have continued to be in use since then. Many publicly listed companies in Nigeria have also adopted this technology for their Annual General Shareholders Meetings, making provision for both physical and virtual attendance. But it appears that Julius Berger Nigeria PLC and their registrars, Greenwich Registrars may be stuck in their old ways, which essentially deprives shareholders who cannot make it physically their right of attendance virtually.

Julius Berger Nigeria PLC and their Registrars, Greenwich Registrars and Data Solution need to step up their game in this regard, and unstick themselves from the good old physical-only meeting pattern. Their shareholders and interested investors would be grateful if they do. They can take a cue from other publicly listed companies, who make virtual provision on their Youtube or other platforms, or have their registrars make such provisions on their behalf. This is 2025 baby!

 

Comments

Popular posts from this blog

Passive Investing Options- Money Market Fund

Do you have some idle funds sitting in your bank accounts or under your bed for several weeks or months? Are you saving up for a project in a few months and just piling it up in a bank account? That six months savings you have been told to set aside to serve as emergency fund in case of loss of your job or something else, do you have it lying idle somewhere? If your answer is positive then you might want to consider a Money Market Fund. A Money Market Fund is a type of mutual fund that invests in short-term, low-risk debt securities, aiming to provide investors with a relatively stable and liquid investment option. These funds are often seen as a cash-like alternative, offering higher returns than traditional savings accounts while maintaining a high degree of safety and accessibility". Note the words "liquid", "Safety" and "Accessibility".  Essentially, Money market fund is a pool of funds run by Fund managers into which several investors invest thei...

Why is Access Holdings PLC Share price underperforming?

Investors have been curious as to why Access Holdings PLC stock price has been underperforming, both below their expectation and compared to peers on the NGX (Nigerian Stock Exchange). Time was when Access Holdings stock price used to range similarly with United Bank for Africa (UBA) PLC, but as at today the gap between both is more than ₦12. In fact, among the FUGAZ, Accesscorp is the least priced, with Fidelity bank's share price, which is a second tier bank almost catching up with it. This is on the back of their meticulously crafted 5-year strategies which they have religiously been executing in batches since at least 2018, lofty expansion drive across Africa, aggressive growth of their fintech subsidiary, speed of completion of the CBN's recapitalization exercise way ahead of deadline, and the massive revenue and strong balance sheet they have been reporting. At the 2025 Annual General Shareholders Meeting, shareholders raised the same concern about the share price underpe...