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Ann: Trading Halt, page-154

  1. 6,053 Posts.
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    @stephencca
    Second strike is when at AGM shareholders vote a no confidence vote (strike) in the Board and if they get 2 strikes in a row then the board has to leave.. They got 1 strike last year and %100 they where heading for a second strike this AGM..
    Im wondering now if the same rules apply to non public companies? I am assuming AGM is still conducted but can board get voted out with strikes?
 
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