The board have already made up their mind that 23.5c is acceptable.
Does anyone know how much stock is actually held by retail investors? I doubt there will be enough to block the decision or push for a higher price from Yum.
This is a foregone conclusion. Insiders probably happy with 23.5c after buying more at recent lows of 11c at the start of 2021 knowing this was coming.
Ann: Dragontail Enters Into Scheme Implementation Deed, page-38
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