Monday, 15 November 2010

A couple of interesting company AGM results

A smallcap called Centamin Egypt had to pull a share scheme ahead of its AGM last week because of the investor backlash (or more specifically the fact that it lost the vote). See, voting against works!

Minerva also failed to pass a special resolution (this is part of the long-running spat with KiFin) and saw a 43.5% vote against its remuneration report.

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