Management would have little choice in the situation in all three cases.
KIK is going to have a new major shareholder and they will decide what mgmt to have (or not have).
NDO has a new 19.9% major sh'er and a lot of other really annoyed holders. They will decide what mgmt to have.
OEL seems to be quite happy with its mgmt and in any case their Asian major sh'ers will decide what happens as well.
I cannot see much point in a combined OEL/NDO being interested in KIK, but you never know. I am sure the new KIK owners would be happy to join up with a larger entity and leave it to them to run.
I think Mr Thai 20% will be driving for something to happen.
agm 2013 vote pope, page-80
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