With regard to the BPH AGM, did anyone else wonder why:
1) Not all of the Breeze/Trandcorp/Grandbridge Ltd/Grandbridge Securities shares had been excluded in the vote on the Resolution of the remuneration report as per the voting exclusion notice in the AGM notice of meeting? (Ref 1)
As the total number of votes was the same for all Resolutions at the AGM (as per the published results), did they:
a) not vote at the AGM, or
b) is it an error in the published results?
2) Why Hongmen capital did not have their votes excluded on Resolution 6 as per the voting exclusion in the AGM notice of meeting?
(Ref 2)
As the total number of votes was the same for all Resolutions at the AGM (as per the published results), did they:
a) not vote at the AGM, or
b) is it an error in the published results?
3) Why Protax Nominees did not have their votes excluded on Resolution 9 as per the voting exclusion in the AGM notice of meeting?
(Ref 3)
As the total number of votes was the same for all Resolutions at the AGM (as per the published results), did they:
a) not vote at the AGM, or
b) is it an error in the published results?
If these are indications that there are errors in the published results, are the published outcomes of the Resolutions accurate?
Reference detail below:
Ref 1
Change in Substantial Holding notice uploaded to ASX platform on 20/11/2018 nominates Breeze/Trandcorp/Grandbridge Ltd/Grandbridge Securities holding as 155,338,972 ( https://www.asx.com.au/asxpdf/20181120/pdf/440g2j9yzxgrtb.pdf ) and excluded votes in Resolution 2 (Adoption of remuneration report) nominates 76,829,524 votes in the Abstain/No Instruction/Open-Unusable/Excluded column (https://www.asx.com.au/asxpdf/20181130/pdf/440vfdsgsgrj0z.pdf)
Ref 2
Change in Substantial Holding notice uploaded to ASX platform on 21/11/2018 nominates Hongmen Capital Holdings Limited holding as 100,000,000,000 (this appears to be a typo – should be 100,000,000) (https://www.asx.com.au/asxpdf/20181120/pdf/440g2j9yzxgrtb.pdf ) and excluded votes in Resolution 6 (Ratification of prior issue of shares – Hongmen Capital Holdings) nominates 0 votes in the Abstain/No Instruction/Open-Unusable/Excluded column (https://www.asx.com.au/asxpdf/20181130/pdf/440vfdsgsgrj0z.pdf)
Ref 3
No change in Substantial Holding notice has been uploaded to the ASX platform regarding the issue of the shares to Protax Nominees despite this issue being announced on 25/10/18 (https://www.asx.com.au/asxpdf/20181025/pdf/43zmg8xb43gfr5.pdf), the Appendix 3B also nominating that this transfer had occurred (https://www.asx.com.au/asxpdf/20181025/pdf/43zmgbskxrdx9g.pdf) and in Resolution 8 of the AGM notice (part of the share issue). The initial Notice advising of the swap of BPH shares for MMR shares (https://www.asx.com.au/asxpdf/20181025/pdf/43zmg8xb43gfr5.pdf), uploaded to the ASX platform on 25/10/2018, nominates Protax Nominees as being issued with 100,000,000 BPH shares (https://www.asx.com.au/asxpdf/20181120/pdf/440g2j9yzxgrtb.pdf ), however the excluded votes in Resolution 9 (Ratification of prior issue of shares – Protax Nominees) nominates 0 votes in the Abstain/No Instruction/Open-Unusable/Excluded column (https://www.asx.com.au/asxpdf/20181130/pdf/440vfdsgsgrj0z.pdf)
