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Old 12th Oct 2020, 00:38
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Progress Wanchai
 
Join Date: Aug 2006
Location: The Cesspit
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unitedabx

I think you’re a little out of touch old boy.

The days of the minority shareholder dictating to the other 60% how CX will be run is over. How many board members is Swire down to? 6? Out of 17. 19 if you include the 2 non-voting directors appointed by the Hong Kong government who are required to attend and observe every board meeting. I highly doubt they’ll be traveling to London to meet in the offices of a minority share holder, and I certainly doubt the Beijing based directors will go there.

You’re fellow drinkers in Essex may well know what angle some directors of the board are taking, but unlike in the days of old, their influence over the CX board is now proportional to their numbers.
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