-fourths of the votes of the attending shareholders eligible to vote at the meeting, excluding the votes of persons with a conflict of interest. If the shareholders do not approve, NCL will cancel the
. Therefore, the transaction must be approved at a meeting of shareholders by a vote of not less than three-quarters of the total votes of the shareholders attending the meeting and having the right to vote
firm must neither count the votes over the limit nor pay dividends for such excess holdings. Some types of unitholders are, however, exempted from the one-third limit, such as, the Government Pension
information memorandum on a connected transaction to the SET and is not required to hold a shareholders’ meeting to obtain approval for the entering into such transaction with votes of no less than three
) Appointment of Independent Financial Advisor and (3) The resolutions of the shareholders' meeting must be approved by not less than three-fourth of the total number of votes of the shareholders attending the
to hold a shareholders’ meeting to obtain approval for the entering into such transaction with votes of no less than three-fourths of the total votes of the shareholders attending the meeting and
the votes of unitholders who have special interests in the matter).(4) Amendment of trust deed: In case of REITs and Infra Trusts, the trust manager shall amend the trust deed to complete the
three fourths of the attending shareholders with the voting right, excluding the votes of the shareholders with a conflict of interest.SEC therefore advises NBC’s shareholders to study the details of
least three fourths of the total voting shares of the attending shareholders, excluding the votes of persons with a conflict of interest. The SEC therefore advises that the GJS shareholders study
resolution could be sought only when at least half of the total number of unitholders attended the meeting or returned the letter.Asset management companies must receive at least 50% of the total votes of