masterfoods you have slightly miss read the constitution, which, as required by corporations law, sets out that a director who is appointed by a board must seek election at the next general meeting. Boulder held a general meeting on 15th September with the primary purpose of authorising placements made by the board since the last GM. Mr Sulzer if he wished to remain a director was required to offer himself for election at that time. Consequently Mr Sulzer is not a director until and if he is elected at the AGM. Sloppy work by Boulder.
BGD Price at posting:
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