Remind me someone please what is required for shareholders to force an Extrordinary General Meeting on a Company. It is not so difficult. And does draw attention!
Previous talk about Class Action, Court Injunction as tools to keep the board doing what they should be doing, that is working for the benefit of shareholders. Maybe if proper discloser and company information is not forthcoming, (and I will not be holding my breath) an EGM might be useful.
Would the MD attend?
From Google......
"Calling an EGM as requested by shareholders owning at least 10 percent of the Company's voting shares shall be carried out by the Company's Board of Directors. ... The request to call an EGM shall specify issues that will be included in the agenda of the EGM."
AGM Notes, page-25
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