KUALA LUMPUR: The MIC has shortened its annual general meeting to a single day to cut costs, party president Datuk Seri S. Samy Vellu said here yesterday.“We have no choice. We need at least RM1mil to conduct the meeting over two days so we decided to have it for a single day from this year,” he said.Prime Minister Datuk Seri Abdullah Ahmad Badawi will open the one-day AGM on Saturday.Samy Vellu said 3,300 branch chairmen would be invited to the assembly, which would be extended to 7pm to provide more time for discussions.