First Ship Lease Trust – AGM Highlights
Musicwhiz have written about what he hears on the AGM for First Ship Lease Trust. For interested dividend investors and people curious about shipping trust model, do take a look.
I attended FSL Trust’s first AGM for unitholders held at Marina Mandarin Capricorn Ballroom today at 2:30 p.m. There were about 30 or so shareholders and quite a few proxies appointed to vote on behalf of shareholders as well, and the atmosphere was relaxed. The Board of Directors consisted of 5 people, of mention were the CEO Mr. Philip Clausius and the CFO Mr. Cheong Chee Tham whom I had the chance to speak to. From what I gathered, the general mood of the Management was that of optimism and confidence as they knew what they wanted, and were going to go about executing their strategy to ensure yield-accretion for shareholders.
[Read More | Value Investment - MusicWhiz's Journey | AGM Highlights]
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