Coincidence - perhaps?
I have a question for the corporatey types on the forum. If for arguments sake an entity (let's use WPL as a hypothetical example) acquired around 15% of another company (lets use FAR as a hypothetical example) through a holding or nominee company (let's use HSBC as a hypothetical example), is there an obligation on the chairman of FAR to appoint a representative (hypothetically someone who has had close ties to WPL in the past) of the 15% shareholding company to the board? If this is the case is there a nominal level at which this must occur or is that something which would be covered in the companies' constitution?
Coincidence - perhaps? I have a question for the corporatey...
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |