12-05-2016, 09:31 AM
(11-05-2016, 11:41 PM)weijian Wrote:(11-05-2016, 08:29 PM)CityFarmer Wrote:(11-05-2016, 05:24 PM)weijian Wrote: hi CF,
It seems like from SFA Part VII, Sub-Div 2 (136), 3b suggests that it is indeed 1%? (I guess my ENG is not good enough)
Hi Weijian,
It has been stated clearly in the clause below, right?
136.—(1) Where there is a change in the percentage level of the interest or interests of a substantial shareholder in a corporation in voting shares in the corporation, the substantial shareholder shall give notice in writing to the corporation within 2 business days after he becomes aware of the change.
hi CF,
Thanks for the clarification, I got it. I was looking for a number and didn't see it. Had assumed 'change in the percentage level of the interest....' to be 'change in the interest....'
Hmm, a case of confirmation bias?

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