Does this view have any relevance to questions of improper governance during this Takeover?
According to the ASX council, independent directors are not members of management and are free of any business or other relationship that could materially interfere with – or could reasonably be perceived to interfere with – the independent exercise of their judgement. They hold less than five per cent of stock in the company and have not worked in an executive capacity for the company or an associated company for at least three years.
Min is an associated company. “reasonably be perceived to” is by a “reasonable person”
DYOR
- Forums
- ASX - By Stock
- NWE
- Ann: Trading Halt
Ann: Trading Halt, page-196
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)