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Old 27-02-2019, 03:31 PM   #2218
tmkedmw
Supremacy Member
 
Join Date: Feb 2013
Posts: 5,472
All the events unfolding since then reinforces my belief that perps and prefs are treated like sh*t.

Was in conversation with someone who just received the
"Notice of Scheme Meeting" letter from Hyflux.

Guess what, it doesn't even enclose a proxy form in the snail mail.

Imagine the thousands of mom and pop retail investors have to go look for a proxy form if they can't attend the scheme meeting on 5 Apr. This will certainly reduce the %tage attendance / votes for this group of people.

Below is what I had posted on 16 Feb.

These are what lawyers and advisors can do in crafting the SA.. the worst off group can make nary a difference in the final outcome. Hope this is not the case here.
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