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06-10-2014, 11:10 PM
(This post was last modified: 06-10-2014, 11:10 PM by propertyinvestor.)
(06-10-2014, 11:04 PM)rainmaker Wrote:(06-10-2014, 08:02 PM)propertyinvestor Wrote: I CALL UPON ALL SHAREHOLDERS TO VOTE AGAINST RESOLUTION 4A and 4B on the appointment of the 2 Japenese representative of J Trust. ALL MINORITY SHAREHOLDERS SHOULD DENY THEM THE ACCESS TO EXECUTIVE CONTROL OF THE COMPANYThe LUMs try to short the minority and not able to face anymore pressure, sold to JT. We need to give a chance to the new mgmt and see what value they can deliver. If voted them out, then who can come in and manage. KWS hand is full and if he is interested, he can come out with a better offer. So what is your valid reason?
The Japanese has no experience in the hospitality business. Would you also want to hand control of the company to a person who deliberately skirt the takeover code just to gain control of a company while coming up with only 29% capital outlay?
Obviously, the minority shareholders should work together to deny them access to the board. Why pay them the director fees? If they so badly want the directorship, they should jolly well extend the 30cent offer and make a GO to everybody.