BF the quarterly is due in 2 days time and as we are suspended...

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PeaceOut

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28/04/19

12:18

Post #: 38292803
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Originally posted by big finn: ↑

@Basileus

A quick question in relation to an Independent Director, If a company declares a Director as Independent when there is a direct Family Link do they have to disclose to Shareholders and the ASX an explanation of why the board is of that opinion? If they have to make an explanation to the ASX regarding compliance with the "Corporate Governance Principles and Recommendations'"
Is there a way to access this document from the ASX under freedom of information or any other way?

Cheers
Finn

"Recommendation 2.3:

A listed entity should disclose:

(a) the names of the directors considered by the board to be independent directors;

(b) if a director has an interest, position, affiliation or relationship of the type described in Box 2.3but the board is of the opinion that it does not compromise the independence of the director,the nature of the interest, position, affiliation or relationship in question and an explanation of why the board is of that opinion; and

(c) the length of service of each director."

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BF the quarterly is due in 2 days time and as we are suspended the ASX must approve any notice .(.I think dyor)

So we should have an updated and approved notice by ASX/ASIC in a couple of days on company activities.

They CGB will do what the ASX/ASIC requires them to do.

If the ASX/ASIC approves of it so do I .. no point in listening to any other noise in the mean time imo

Fingers crossed it lists at 10c plus and you/others can make a profit on exit which would be nice after all this time of frustration.

Good luck.

Last edited by PeaceOut: 28/04/19

CGB Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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