CDU 0.00% 23.5¢ cudeco limited

Ann: China Oceanwide requesting FIRB to increase , page-24

  1. 2,142 Posts.
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    re: Ann: China Oceanwide requesting FIRB to i... Hoots, 

    Please provide an example of how you believe OW etc will be detrimental to CDU with a greater holding.
    I have not looked at previous amounts of votes submitted at AGMs but I would be surprised if they don't already control the vote now with M&G gone.

    And that's only if the three Chinese actually vote the same, no guarantee of that either.
    As far as the board room goes you do understand that anything any Chinese company would have a beneficial interest in has them leave the room and they can not vote on it. And that goes for everyone, not just the Chinese companies obviously.

    So the only thing they can control is the make up of the board when it come to voting directors on or off, that's  the sign that we should be looking for as a starting point to any issues that could end up being detrimental to retail investors. All the rest is just noise.

 
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