...'test the shaft'...So @Obiero must bend over low to receive the screw.
Hapa brother @Obiero naona utashikilia meza ukiwa umeangusha kikoi chini...

Dear @muandiwambeu, please don't forget to invite us to your next Slam Poetry session!

GFF

I have never insulted you and I do not recall you ever insulting me.. I deeply respect you. As for those who ever try to insult me, I hit back!

Minority shareholders need to form an association which can "collectively" deal with Minority rights.
That said, these can be chaotic as well given some shareholders are just there for the goodies.

I go for a few AGMs e.g. KK's AGMs. The majority of the shareholders are there for the food and gifts. It does not seem they have any interest in the proceedings. The rush for lunch is crazy and starts even before the AGM ends.

At one AGM, one of those "vocal" shareholders had gone to the chairman and asked if the meeting could end early so the shareholders can attend another AGM!!!
At I&M's AGM, the complaint was that it coincided with another AGM and the board should coordinate with other firms so the AGMs do not run concurrently.

So who will fight for the minority shareholders if the minorities do not do so themselves?

Do firms benefit from 1,000s of shareholders many of whom have just 100 shares?
How many shareholders does KenRe, Unga, KQ, etc have?
What's the value of the gift+food vs the value of 100 shares?

I recall a lot of drama at a previous AGM when Unga did not give a bale of flour. That's a lot of bales if every shareholder came to claim one.

I can understand why some firms want to go private including Unga.

It reminds me of one AGM i attended and the "vocal windbag" complained about being served tea/juice and cake/croissants etc. He actually expressed dissatisfaction with the previous AGM where they were served with juice,chai, cake, and what he loosely referred to as Mandazi. Instead of asking questions about an impending bond maturity and how management planned to settle it, the meeting quickly degenerated to kofias and handbags and other branded goodies such as pens and keyholders. Only one pensioner complained about dividend drought and heavy perks the management kept on receiving yet it was loss after loss year in year out...I agree, most minority shareholders are wazees(pensioners) who sometimes don't behave well.However, i understand them. Retirement is not a joke and the pensioners derive lots of pleasure travelling to Nairobi and visiting big hotels to attend these meetings. However, the sharks at NSE have noticed this naivety and will exploit it to the end. Unga minorities are not out of the woods yet.

Sigh... Seen a complaint on the food on KQ 505 and that's the new menu... But this is the silver bullet to take us back to profitability.. Hii plus the new uniform.

It's one way

Hahaha, where is the link to the compliant? Is it online or it was lodged with KQ directly.

They need to set up their own catering subsidiary to enforce the food quality themselves. Subcontracting should be left to Outstations only.

The pax will always find out crap food.