HAV 2.08% 23.5¢ havilah resources limited

Ann: TOV: Havilah Resources Limited - Panel Receives Application, page-8

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    Speaking generally, say company X is owned 40% by shareholder A, 31% by shareholder B, 20% by shareholder C and 9 % by the rest.

    Then Shareholder A is for whatever reason, perhaps quite validly precluded from voting at a meeting.

    Shareholder B who owned 30%, suddenly has 51% of the voting shares.

    Precluding shareholder A might be totally valid but if it automatically gives B control, there has to be something wrong with that.


 
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