REE Market Competiton Changes, page-13

It would be good to know if there is a binding agreement between GGG and Shenge that allows a forced buy-out.
Let us assume that at some point Shenge desires to acquire GGG. In that instance the majority of shareholders would have to approve. In some cases it is a simple majority ( 50.1% ), but it varies and in some situations it could réduire 2/3 majority and in some cases even 90%. I do not know what GGG bylaws specify. Would be good to know. The buyer ( in this case Shenge, generally wants 100% of the company and US rules allows the buyer to force a sale at the same price it is paying per share for the company.These are the general USA security rules/regs and Australia may have different rules.
GGG, has a fiduciary duty to treat the shareholders fairly.So I assume they would not approve a sale unless they thought it was a fair price. However, there may be a mechanism that is legal that would alllow the buyer to structure the deal in such a way that would pay the GGG officers/director a higher price in the form of a bonus etc.I am only speculating as I do not have the answer. This arrangement, of course, would bias the approval process but if it is legal it could happen. The equivalent of " money under the table" but done legally.As I said, I do not know if such a legal mechanism exists.