Shareholders' Meetings Go Online... Shinhan Financial Investment Launches Electronic Voting Platform
'Shinhan eJuchong' Service Launched... Available for Free Use
[Asia Economy Reporter Minwoo Lee] Shinhan Financial Investment has launched an electronic voting platform that allows shareholders to exercise their voting rights online.
Shinhan Financial Investment announced on the 28th that it will start the 'Shinhan e-Shareholders' Meeting Service.' Accordingly, shareholders can register the shareholder registry and agenda items in advance and exercise their voting rights online without having to attend the shareholders' meeting venue in person.
Both shareholders and issuing companies can sign up and use the service. The service is free of charge and available on both PC and mobile devices. It also provides services such as shareholder meetings, important company announcements, and investment banking (IB) consulting for issuing companies.
Applications can be made on the Shinhan e-Shareholders' Meeting homepage, and detailed information can be found on the Shinhan e-Shareholders' Meeting webpage or through Shinhan Financial Investment's Digital Sales Department.
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A Shinhan Financial Investment official explained, "Since the abolition of the 'shadow voting (proxy voting)' system at the end of 2017, cases of agenda rejection due to lack of quorum have increased, and demand for electronic voting platforms has grown due to the impact of the novel coronavirus disease (COVID-19). The 'Shinhan e-Shareholders' Meeting Service' will enhance shareholders' rights and help establish an advanced governance system."
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