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0.00% 5.3¢ central petroleum limited

CPSA Where are you?, page-42

  1. buddy134
    24,386 Posts.
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    13/05/17
    22:14
    Post #: 24673095
    ""((3) If a person is appointed by the other directors as a director of a public company, the company must confirm the appointment by resolution at the company's next AGM. If the appointment is not confirmed, the person ceases to be a director of the company at the end of the AGM.)""

    At the first AGM after that appointment, not all of the new Directors will have to stand for reappointment otherwise there will be no directors left. Only some of them will. Unless of course all of the other Directors are still on Board.

    dyor!!
    CTP Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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