Rights As Shareholder

Brianfoo811

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Hihi all may I know what rights have a shareholder have and need how many shares or units at least so we can have a say in the company or reit? Thanks!
 

reddevil0728

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Hihi all may I know what rights have a shareholder have and need how many shares or units at least so we can have a say in the company or reit? Thanks!
1 share/unit 1 vote. as long as u got 1 u can have a say. but whether it is meaningful or not, probably not. as there will be millions more shares out there
 

klanddt

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if you own 20% of the total company should not be too difficult

Don't think you need 20% if the market cap is significant. Even if you own 5% your share also quite significant. Your vote means a lot when it comes to making important decisions.
 

bright_84

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Don't think you need 20% if the market cap is significant. Even if you own 5% your share also quite significant. Your vote means a lot when it comes to making important decisions.
Not really. You must also consider your shareholding in comparison with others. 5% when the major shareholder has 51% counts for very little in some situations
 

Brianfoo811

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Any more inputs please? As a major shareholder or hold at least 20 % of total share holdings I can sit with all the board of directors and work with them?
 

moolala

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Any more inputs please? As a major shareholder or hold at least 20 % of total share holdings I can sit with all the board of directors and work with them?

wa which company u own minority stake?

can sic?

can wait for chiobu to por u shiok shiok
 

limster

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Any more inputs please? As a major shareholder or hold at least 20 % of total share holdings I can sit with all the board of directors and work with them?

maybe you can tell us which company you are trying to take over control.

some of the pro MM/SSI investors may also have big shareholdings.. maybe you can cooperate with them to add their shares to your 20%, can cross over to 30%, 40%.
 

NewInvestor

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Oh gosh. If u had the money to own 5% or 20% of a public listed company, shouldn't you be consulting a lawyer on these questions?
 

wutawa

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Sgx will list the top 10 shareholders. If your name can appear there, u will be very satki. :s13:
 

Brianfoo811

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Let's say if a shareholder want be the director of a listed company or reit does he have the power to ask the other directors to remove the most junior director if his shareholdings is more than all the directors combined?
 

reddevil0728

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Let's say if a shareholder want be the director of a listed company or reit does he have the power to ask the other directors to remove the most junior director if his shareholdings is more than all the directors combined?
Is this supposed shareholder the majority shareholder?

You do realise the supposed most junior director may be backed by the majority shareholder right?
 

limster

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+1 waiting for saga to unfold

when will he reveal which company he's trying to take over?
 

Dyhalt

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Any more inputs please? As a major shareholder or hold at least 20 % of total share holdings I can sit with all the board of directors and work with them?

Director election basically you need to go through nomination phase before the actual election which are done several months prior to AGM.

At AGM during the year where there is board re-election all nominees will be voted and ranked according to the number of "for" votes. So if a company has 5 seats of directors holding 20% of the shares will probably get you a seat but if you only holds 16% you might not be elected depending if other directors allotted votes within themselves.

Finally if you are an outsider and think you owns 5% of a company and could possibly become a director just because you have more units than the "for"votes of the past elected directors.. chances are you will not be elected because during non-contested elections allotment are not as severe but there are a lot of potential votes existing directors could acquire if needed.
 

Brianfoo811

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Hihi Dyhalt thanks for your sincere and detailed reply and am in awe at your expertise in this. Really learn much from you. Thanks once again. 😀
 

henrylbh

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Any more inputs please? As a major shareholder or hold at least 20 % of total share holdings I can sit with all the board of directors and work with them?


So be listed as top 20 shareholders in the Annual Report is not easy.

To be listed as Substanital Shareholders is even more difficult and to have 20% interest in the shares, you will unlikely go unnoticed :s13:
 
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