APG 0.00% 0.2¢ austpac resources nl

There is a process to be followed to remove a director.  To...

  1. 143 Posts.
    lightbulb Created with Sketch. 38

    There is a process to be followed to remove a director.  


    To require a company to put a resolution to members to remove a director requires shareholders who in aggregate hold at least 5% by value of the total ordinary shares on issue to sign the notice.  The company has up to 2 months to call a meeting.


    Time is running out if such a notice is to be served on APG ahead of its AGM - notice at least 21 days before the AGM is required if the company is to put to the motion to shareholders at the AGM.


    A suitable motion can be framed quickly if there is genuine interest.  Please advise.

 
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.