The giving of a financial benefit to a related party requires shareholder approval where it doesn't fall within one of the exemptions provided by the Corporations Act.
It's likely to be the grant of executive options which must get shareholder approval where they don't constitute 'reasonable remuneration'. Often companies will play it safe and seek approval even where they consider it is reasonable.
- Forums
- ASX - By Stock
- ARH
- asic company notification
asic company notification, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online