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Home Forums Annual General Meeting 2020 Q&A Questions related to AGM 2019 Minutes

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    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.

    • This topic was modified 3 years, 1 month ago by AdminAdmin.
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