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Ann: Notice Received Under Section 249D of the Corporations Act, page-51

  1. Amused observer
    12,477 Posts.
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    30/01/17
    11:13
    Post #: 22210676
    25% to force a spill or ejection of Directors then it calls for a election of proposed Directors and that requires a vote of over 50% for that nominee to secure a seat on the Board. The process will get spelled out for you in the EGM notice and the resolutions you will be asked to vote on.
    BGS Price at posting: 33.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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