I still think you are right based on the document.
approval of the Scheme Resolution by:
- a majority in number, being more than 50%, of ResApp Shareholders present and voting at the Scheme Meeting (in person or by proxy, corporate representative or attorney); and
- at least 75% of votes cast at the Scheme Meeting;
So more than 50% of shareholders must be present at the vote AND 75% of them have to vote yes. Based on proxy votes it's not there yet.
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- Ann: Scheme Meeting - Chairman's Address & Presentation
Ann: Scheme Meeting - Chairman's Address & Presentation, page-55
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