QBL EGM, page-273

I know what you are on about or what your motives are.

Under the Corporation Act, he or she is NOT required to identify himself or herself, until he/she lodges a S249D with the company, calling for a meeting.

If you don't like it, don't give him/her your votes, for that 5%.

As to damages to the company by appointing an independent director?!?

1. Just because he/she requisition an EGM does not mean he/she will get the vote up,

2. What is wrong with having an independent director?

Most of the publicly listed companies have independent directors!!!

In any case, you are entitled to your opinion. If you don't like it, you are entitled to muster a vote against it.

As to allegation of damages to the company - you must have had your head in the sand - just take a good look at the self-inflicted wounds the current management have done to the company.

a. Can you trade today?

b. Why not?

c. Is that caused by a disgruntled shareholder trying to muster 5% or by the company?