The time of starting an hour but the number of shareholders still did not come enough that Eximbank had to stop organizing the annual shareholders’ meeting 2019. The meeting is expected to start at 8:30. However, the number of shareholders attending was not enough, so the organizing committee of Eximbank had to wait for more.
At 9.30 am, the Eximbank’s shareholders meeting could not start because only 199 shareholders, representing nearly 58% the number of shares of the company to attend the meeting.
At this time, the representative of the Board of Appraisal of the representative of Eximbank will postpone the meeting because according to the Enterprise Law, the meeting of the General Meeting of Shareholders is conducted when there is an ancient attendees represent at least 65% of the total voting shares.
Representative of Eximbank said that the new annual general meeting of shareholders will be convened within the next 30 days.
According to the Enterprise Law, the meeting of the General Meeting of Shareholders convened for the second time was conducted when there were numbers.
Shareholders attending the meeting representing at least 51% of the total shares with voting rights also stipulate that the meeting convened for the second time does not have enough shares with voting rights as prescribed, then convene the meeting.
The last time within 20 days from the planned date of the second meeting. In this case, the meeting of the General Meeting of Shareholders shall be conducted regardless of the number of attending shareholders and the ratio of shares voting rights of attending shareholders.
