XY Ltd is a company listed on the Australian Securities Exchange (ASX) and is located in Melbourne. Leo is its company secretary and he is beginning to make arrangements for the company's 2022-2023 Annual General Meeting (AGM) which will be held in its office in Melbourne. There are currently severe rainstorms and floods in Queensland which will prevent many of the company's Queensland members from attending in person. The company's managing director tells Leo that if those members cannot attend the AGM in person, they won't be able to attend. Is this correct? Is there anyway that the Queensland members could attend the meeting without leaving Queensland?
XY Ltd is a company listed on the Australian Securities Exchange (ASX) and is located in Melbourne. Leo is its company secretary and he is beginning to make arrangements for the company's 2022-2023 Annual General Meeting (AGM) which will be held in its office in Melbourne. There are currently severe rainstorms and floods in Queensland which will prevent many of the company's Queensland members from attending in person. The company's managing director tells Leo that if those members cannot attend the AGM in person, they won't be able to attend. Is this correct? Is there anyway that the Queensland members could attend the meeting without leaving Queensland?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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