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Home › Forums › Annual General Meeting 2020 Q&A › Questions related to AGM 2019 Minutes
- 14/10/2020 at 12:25 am #2190AdminKeymaster
Q: Why did VENTURE take so long to host the AGM?
A: The AGM was initially carded for March 28, 2020 but due to Covid-19 related Government restrictions regarding meetings, a physical meeting was (and still is) not possible. Only recently, did we receive authorization from the Commissioner of Co-operatives to host the virtual AGM.
Q: What about the remaining dividend payout?
A: We paid a portion of the dividend from the Reserve Fund, as approved by the Commissioner for Co-operatives (Ag) – 75% of a total of 2.25%. The remaining portion to make up the recommendation of 2.25% will be paid upon approval from the membership at the AGM.
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