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percent of the votes and another with 20 percent. Five direc- tors need to be elected. without a cumulative voting rule, each shareholder must vote separately for each director. the majority shareholder

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London, UK and holds a M.Sc. (Econ), Queen Mary College, University of London, UK. He was Director-General of the Revenue Department before becoming Permanent-Secretary. Mr. Karun Kittisataporn Mr. Karun

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