BLY 0.92% 54.0¢ boart longyear group ltd

Ann: Re-domiciliation - Second Court Hearing Adjournment, page-2

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  1. 59 Posts.
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    The rules,

    To effect the Re-domiciliation, it must be approved by:
    (a) a majority in number of Boart Longyear shareholders (more than 50%) of those Boart Longyear shareholders present and voting at the Scheme Meeting (in person, by proxy, attorney or corporate representative);
    (b) at least 75% of the total number of votes cast on the Scheme resolution at the Scheme Meeting by Boart Longyear shareholders.

    So what can the board present to the Justice to make a decision in favour of relocation ?
 
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