Practice Makes Perfect
Kencana + SapuraCrest Merger - Shareholders Analysis
Chin Kok Tan
Publish date: Tue, 20 Sep 2011, 08:36 PM
Chin Kok Tan
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CK>> Can both Kencana & Sapura Crest get 75% + 1 vote from their shareholders during EGM? Since takeover was offered by 3rd party, so there is no so-called interested/non-interested shareholders in this merger case. All the shareholders as listed in below table can vote in EGM.
So to get 75% + 1 vote, should be kacang putih right? I don't know, just simply guess and comment only. Perhaps Tun Mahathir might know a little bit as his son is Kencana's CEO, Datuk Mokhzani Mahathir. Haha, just kidding, no offence...
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