Next Tuesday fast approaching. Even though it is a little hard to follow the below, It is imperative that all SH vote. I had already voted ages ago AGAINST and especially as they state OIL will remain high for the next 2 yrs and the upper end value was $4.92 before this Oil increase. I notice a substantial SH notice. I was hoping BPT would lodge a bid. I did email them but got no reply back (which could be a good thing)
The Scheme needs to be approved by the requisite majorities of
Senex Shareholders at the Scheme Meeting, which is:
• at least 75% of the total number of votes cast on the Scheme
Resolution (in person or by proxy, corporate representative or
attorney), where each Senex Share carries one vote; and
• a majority in number (more than 50%) of Senex Shareholders
present and voting (in person or by proxy, corporate
representative or attorney), where each Senex Shareholder
counts as one vot
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- Ann: Court approves Scheme Booklet and convening Scheme Meeting
Ann: Court approves Scheme Booklet and convening Scheme Meeting, page-179
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