Wednesday, November 30, 2005
Attended an extraordinary shareholders’ meeting for the first time. I think most of the attendees are there just for free lunch. I chatted with some of the attendees and they didn’t care about the agenda. Some of them only hold one lot of shares. If the price per share is Rp. 100,- , and one lot is equal to 500 shares, then with Rp. 50.000,-, one is entitled to present at the meeting as a shareholder.
They are professional, what I mean here is they will attend to all shareholders’ meeting, extraordinary shareholders’ meeting, public expose held by public companies. Since they have at least one lot of shares of most of the public companies, they are entitled to attend. For your information, most of the events mentioned above are held in five star hotels. Usually free gifts and products of the companies as well as lunch are provided.
The craziest thing I saw there was an old couple filling their plastic bag with food provided for lunch. Beef, lamb, fried chicken, even fried noodle were all into the bag. They didn’t care of others looking at them, cool and undisturbed. They must have done this very often. I was standing next to them, totally stunned.
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They are professional, what I mean here is they will attend to all shareholders’ meeting, extraordinary shareholders’ meeting, public expose held by public companies. Since they have at least one lot of shares of most of the public companies, they are entitled to attend. For your information, most of the events mentioned above are held in five star hotels. Usually free gifts and products of the companies as well as lunch are provided.
The craziest thing I saw there was an old couple filling their plastic bag with food provided for lunch. Beef, lamb, fried chicken, even fried noodle were all into the bag. They didn’t care of others looking at them, cool and undisturbed. They must have done this very often. I was standing next to them, totally stunned.
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