APG 0.00% 0.3¢ austpac resources nl

Notice to Remove Director - Corps Act

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    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.

 
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