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1.3¢ xpd soccer gear group limited

It great to see asx clamping down on this lying cheating lot....

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Chao88

301 Posts.

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30/11/17

18:59

Post #: 29267207
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Originally posted by htran7528 ↑

1. Under s.249D shareholders (at least 100, or 1 or more providing he/they hold at least 5% of the votes) should request in writing that the directors call an EGM – which would be at the company's cost (ie, printing/postage, etc).

In this circumstance the directors must call the EGM within 21 days after the request is received, and such meeting must be held within 2 months after the request.

ACA partner currently hold 9.47% of the shares, they can easily call an EGM to remove the CEO jiameng zhang, should they wish.

Jiameng currently hold 177 mil shares out of 434 mil, even if he can muster 35 mil shares support from the distributors. He will still only manage to get 49% of the votes... it will be a very tight race.

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It great to see asx clamping down on this lying cheating lot. Their actions are disgusting.

I applaud the asx for picking up on the SBB connection too, well done. This lot are just milking Aussie investors of their money. Time to stop the rot and put an end to this mob run of crime.

XPD Price at posting: 3.3¢ Sentiment: Sell Disclosure: Not Held
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