Further to the above, even though the voting rights with the Xinhe and Au Xingao shares have been temporarily removed, doesn't this act to increase EMR's voting power to circa ~69% based on their existing holding?
This doesn't include the additional shares from other shareholders who have taken up the offer and also assumes that 100% of shareholders vote which is also extremely unlikely so the real EMR voting power is actually likely to be a higher percentage.
Happy to be corrected if my calcs are wrong also.
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- Ann: TOV: Declaration of Unacceptable Circumstances and Orders
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