Stipulated by Companies Ordinance, all limited companies are required to hold an Annual General Meeting (“AGM”) within 9 months after financial year ended date for private companies and 6 months for public companies.
During the pandemic of COVID‐19, holding a physical AGM is challenging. Such meeting may violate the law Prevention and Control of Disease (Prohibition on Group Gathering) Regulation (Cap. 599G of the Laws of Hong Kong) (the “Prevention Regulation”).
From 24 February to 9 March, 2022 physical AGMs and EGMs are not permitted. However, virtual meetings held online in accordance with the respective company’s Articles of Association among general management of the company, company secretary, shareholders and auditors are allowed