At the AGM, key matters related to the management and performance of the Owners Association are reviewed as per the set agenda, ensuring all owners are fully informed and actively involved in decision-making. The main discussion points typically include:
- Review of the annual financial statements
- Review and approval of the proposed budget, including service charge contributions and payment schedules for the following year
- Election of the Board of Directors (conducted every 2 years)
- Matters and recommendations presented by the Board of Directors to the general assembly
- Items raised by owners for discussion
- Requests or resolutions requiring approval, including special resolutions
This structured agenda ensures transparency, accountability, and effective governance of the community.