Share
197 Posts.
lightbulb Created with Sketch. 74
clock Created with Sketch.
15/06/18
22:15
Share
Originally posted by Frewak
↑
Only 5% required to call the meeting. Proxies can be secured once the meeting has been scheduled.
Don't underestimate shareholders capacity to bring about change when change is needed.
At the moment I don't see any oversight by an independent director. Run and contolled by one family. Mother and son. The other 75% of shareholders deserve a person on the board to ensure their interest are in fact being served. Not me, but I'm sure I know some outstanding candidates for the job.
Expand
Check your info again. This is taken from a government website.
An extraordinary general meeting can be called by a:
committee member (if approved by the majority of voting committee members) or
written request signed by at least 25% of lot owners or their representatives or
person authorised by an adjudicator’s order.
Not 5%. Check your facts before trying to take over the reins