This website uses cookies to improve your browsing experience. By continuing to use this website you agree to our use of cookies. For more information on our use of cookies, click here to review the Cookies Policy.。
The Ministry of Economic Affairs issued two rulings on 14 February and 3 May 2012 on how a company should handle the situation where a shareholder attends a shareholders meeting after having cast his/her/its vote electronically.
According to the rulings, if a shareholder has electronically cast his/her/its vote on a motion to be discussed at a shareholders' meeting in accordance with the law, the shareholder may still attend the shareholders meeting, make provisional motions at the shareholders meeting, and vote on the provisional motions he/she/it thus makes and those made by other shareholders. However, such shareholder cannot propose to amend the motion on which he/she/it has voted electronically or vote on any amendment proposed by other shareholders to that motion.
