June 25, 2009

The Sumptious EON Cap AGM lunch

This is one AGM that is different from the rest. First they gave good door gifts. Two water tumblers. The morning tea was good-roti canai and roti jala. Then a sit-down lunch.

Very well-organised AGM.

I am talking about the EON Cap AGM at the Crowne Mutiara Plaza KL.

For the first time, I sat through the whole AGM and listened to the briefing as well as the questions been leveled at the board and at the Chief Finance Officer.

Matters touched on includes tax credits, office re-branding,better debt collection, the rejection of warrants to Primus and new products for the public.

I was surprised when they told the meeting that they pay interest up front when one open a savings account and the existence of a special forced savings account with better interest basis points built into it.

Same old people asking the questions until the Chairman seems to know all of them by face.

The lunch was a round table sit-down affair. Food was served in a platter and we took our fill of it. There was sour soup and iced longan and almond jelly for dessert followed by tea/coffee and kueh nyonya. I was a thorn among the roses at this table and got to know some people. There was a Ms Khaw who lives nearby who walks through my alley and Nancy, a lady who is well traveled. She recommended Mesiniaga to me for its dividends-19% yearly!

EON Cap really treats minority shareholders nice.

No comments: