Question
19. As the Chief Investment Officer (CIO) of Seoul Pension Service (SPS), you are reviewing the AGM agenda items of Future Motor Company. If you
19. As the Chief Investment Officer (CIO) of Seoul Pension Service (SPS), you are reviewing the AGM agenda items of Future Motor Company. If you decide to shadow vote on the company's director election item, how many of your shares will be attending the AGM, voting FOR the director candidate, and voting AGAINST the candidate? Future Motor Company has 1 million shares outstanding, 5% of which are treasury stocks. Note that you own 5% of shares with votes. Also note that 60% of other shareholders end up voting FOR the candidate and the remaining 40% voting AGAINST the candidate.
| A. | 47,500 attending, 19,000 FOR, and 28,500 AGAINST | |
| B. | 47,500 attending, 28,500 FOR, and 19,000 AGAINST | |
| C. | 50,000 attending, 30,000 FOR, and 20,000 AGAINST | |
| D. | 45,500 attending, 29,250 FOR, and 15,750 AGAINST |
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