Sentences with phrase «cent shareholder support»
Not exact matches
Shares in Mungana Gold Mines rose by more than 25 per cent after the company announced it would move ahead with its North Queensland zinc strategy, following shareholder support for the $ 15 million acquisition of the Chilagoe base metal assets from the liquidators of Kagara, originally announced in December last year.
https://www.businessnews.com.au/
The Qatar Investment Authority, currently the largest shareholder in Sainsburys with a 22 per cent stake, said it supported the deal.
«Santos is a great company with great people and assets,» Mr Shi told shareholders before a vote, which saw 94.5 per cent of shareholders support him as a director.
The results show two other members of Magna's board also garnered just 38 per cent support from shareholders, while all other directors got more than 84 per cent support.
Magna for the first time reported the detailed results of director elections held in May, showing that the former Ontario premier won just 38 per cent support from shareholders for his re-election to the Magna board.
Rio Tinto has received binding commitments from the two major CMOC shareholders holding 69 per cent of CMOC shares to support the transaction, which is sufficient for the relevant shareholder resolutions to be passed.