BHD 0.00% 23.0¢ benjamin hornigold limited

Ann: JBL Second supplementary bidder's statement, page-21

  1. 2,797 Posts.
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    RAMcap mentioned section 249 initiative:
    CORPORATIONS ACT 2001 - SECT 249D

    Calling of general meeting by directors when requested by membersmce-anchor
    (1) The directors of a company must call and arrange to hold a general meeting on the request of members with at least 5% of the votes that may be cast at the general meeting.
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    (2) The request must:
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    (a) be in writing; and
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    (b) state any resolution to be proposed at the meeting; and
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    (c) be signed by the members making the request; and
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    (d) be given to the company.
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    (3) Separate copies of a document setting out the request may be used for signing by members if the wording of the request is identical in each copy.
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    (4) The percentage of votes that members have is to be worked out as at the midnight before the request is given to the company.
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    (5) The directors must call the meeting within 21 days after the request is given to the company. The meeting is to be held not later than 2 months after the request is given to the company.
 
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