Question
Karsten is a shareholder in a public listed company. He takes an active interest in the company and attends the shareholder meetings whenever possible. The
Karsten is a shareholder in a public listed company. He takes an active interest in the company and attends the shareholder meetings whenever possible. The next Annual General Meeting is in August 2022. Karsten has concerns about the integrity of the poll voting system and wants assurance that all votes cast on a poll have been properly assessed and counted. Which one of the following is correct
a If Karsten has at least 5% of the voting power of the company he can request an independent person appointed to observe and/or prepare a report on a poll conducted at a meeting of members.
b.
If Karsten is a majority shareholder he can only request a director be appointed to observe and/or prepare a report on a poll conducted at a meeting of members.
c.
As a shareholder, Karsten has no right to be involved in poll voting systems, nor can he appoint an independent person since any interference could damage the reputation of the company.
d.
Votes on resolutions at a meeting of members of a listed company must be decided by a show of hands. Karsten must inform the company that a show of hands is the only voting process allowed and polls are not allowed.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started