Hi GP,
Pathetically worded announcements, saying LG,a majority shareholder, can appoint a CEO ( not as director)and pay his salary of $350K PA. No word on whether SBL have to somehow pay back LG in some manner.
Then this CEO might be able to earn bonuses for something unknown, if shareholders - presumably, SBL shareholders, approve it.
No way we'd ever get to kick out their future remuneration reports without 25%.
Maybe this guy is expected to work on LG's other Oz ventures, so they want to isolate that possibility from SBL shareholders criticism.
Just conjecture caused by dopey announcements, Japes.
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