BCS 0.00% 40.0¢ brisconnections unit trusts

vote fails, page-48

  1. 955 Posts.
    the move attracted only 35.66 per cent support.

    To the shock of retail unitholders desperate to avoid paying future instalments, Mr Lowe later revealed Mr Bolton, whose company Australian Style Investments has a 18.4 per cent stake in BrisConnections, had voted against his own resolution.

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    So even with his stake the wind up vote would only have attracted 54.06 % support anyway. Needed 75 % right?
 
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