SPY +0.17%
BND +0.21%
QQQ -0.36%
DIA -0.02%
VNQ -0.24%
GLD -0.70%
BTC +0.82%
AAPL +0.85%
GOOGL +1.59%
NVDA +0.49%
MSFT +0.86%
META +2.25%
AMZN +0.30%
TSLA -0.87%
UBER -0.38%
GS -0.94%
BAC -5.68%
JPM -1.18%
BRK.A +0.39%
COST -0.04%
XOM +1.76%
BABA +1.69%
WMT +0.20%
SPCX -3.81%
DIS +0.42%
F +1.07%
  • Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Investing Basics
Wen Kang tries the food at the E&O shareholder's AGM. Courtesy of im_kankan

Foodie buys $18 worth of stock to unlock a free all-you-can-eat buffet every year at developer's annual general meeting

Advertisement

In a published video, he said that listed companies meet with shareholders every year to go over their results. But that’s not the food for thought he had in mind.

Invest smarter with our free newsletter.

By signing up, you accept Moneywise Terms of Use, Subscription Agreement, and Privacy Policy.

Shareholder lunches, with “huge chunks of meat,” are back on the table in Malaysia because regulators started requiring listed companies to meet in person or in hybrid form in March 2025.

American investors could try the same move from a brokerage app. But the closest U.S. version might take $500 a share, a flight to Omaha and a boxed lunch you pay for yourself.

What his $18 got him at the buffet

Kang filmed his meal at the E&O’s shareholder meeting on August 26. Before his first plate, he admitted the spread itself didn’t impress him. He described it as standard buffet fare like fried rice and noodles but gave it credit for the “huge chunks of meat”.

He also said he liked the sauce on the Thai-style fried chicken, but the chicken had dried out. The deep-fried fish had a dried-out crust, and a second chicken dish barely fared any better, being well seasoned.

“You buy share for profit, I buy share for huge chunk of meat,” he said, adding that the buffet had run out by the time he wanted seconds.

E&O stock has been trading around RM0.75 in Malaysia, where shares are sold in lots of 100. That puts the smallest batch at about $18. Since March 1, 2025, Malaysian regulators have also required companies to hold shareholder meetings in person or in hybrid form.

“Note to the CEO,” Kang said at the end of his video, “please prepare more food next year.”

Must Read

How likely you are to get fed at a U.S. annual meeting

For those stateside, Hormel Foods, the company behind SPAM, opened its 2026 annual meeting to anyone who owned the stock as of November 28, 2025, with no minimum number of shares.

Advertisement

They handed out gift boxes instead of lunch. Stockholders could pick one up at the SPAM Museum in Austin, Minnesota, from January 28 to 31, with limits to one per stockholder and while supplies lasted.

Then there’s Berkshire Hathaway, which holds the Guinness World Record for largest annual meeting attendance. It put out breakfast pastries and coffee around its Omaha arena this year, according to its shareholder guide.

Lunch was on you, though, whether from a concession stand or a prepaid Jason’s Deli boxed lunch. Later that evening, Berkshire-owned Nebraska Furniture Mart hosted a picnic and sold a BBQ meal deal.

How far you’d have to travel for a free bite

Berkshire’s pastries and Hormel’s gift boxes both come with a road trip.

The next Berkshire meeting is set for May 1 in Omaha, and the company’s shareholder guide reads like a travel brochure, with several pages of hotel listings, parking prices and shuttle times — with a heads-up that Omaha’s airport is mid-expansion.

Plenty of investors still make the trek. Some even lined up outside the arena at midnight for this year’s meeting, even though the arena ended up only a little over half full. To get through the door, you’d need at least one share, and a single Class B Berkshire share costs nearly $500, compared with the roughly $18 the TikToker spent on E&O.

Advertisement

Hormel won’t mail its gift boxes, either. Getting one this year meant schlepping out to the SPAM Museum in southern Minnesota in the dead of winter.

Kang’s E&O buffet run is a good reason to check what your own shares get you. Look for the company’s proxy statement or meeting notice, which says whether the meeting is in person or online, where it’s held and the day you need to own the stock by, a.k.a. a record date.

Be sure to check the ID rules before you go, too. Hormel said it wouldn’t accept a broker account statement as proof you own the stock, and Berkshire won’t hand out credentials without proof of ownership and a photo ID.

If you still want to go, budget for it like a vacation, since the flight and hotel will likely cost more than the share that gets you in. Just don’t mistake a shareholder meeting for an investing strategy. If you’re trying to build wealth, the low-cost index fund approach Warren Buffett has pushed for decades is the place to start.

Moneywise reached out to E&O for comment but had not heard back at the time of publication.

You May Also Like

Share this:

Godwin Oluponmile is a content specialist, SEO strategist and copywriter with seven years of expertise in finance, Web 3.0, B2B SaaS and technology. His work has been featured in publications such as Entrepreneur, HackerNoon, Blocktelegraph and Benzinga.

more from Godwin Oluponmile

Explore the latest

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither investment, tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities, enter into any loan, mortgage or insurance agreements or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.

†Terms and Conditions apply.