Hoang Quan Real Estate (HQC) refused the request to convene an extraordinary General Meeting of Shareholders of a large group of shareholders
Board of Directors Hoang Quan Real Estate (HQC) has just announced the Board of Directors Resolution on refusing the request to convene an extraordinary General Meeting of Shareholders of a group of major shareholders.
Previously, a group of shareholders related to Louis group (which is said to have held more than 10% of the capital) gathered enough signatures on the document to send to HQC requesting to convene an Extraordinary General Meeting of Shareholders within 30 days. In the document, the group of shareholders said that HQC’s postponement of the general meeting of shareholders was without a reasonable reason and “was an arbitrary act, did not fully perform the duties of the Board of Directors, seriously violated the rights of the Board of Directors.” of shareholders, obligations of managers as prescribed in Clause 1, Article 115 and Clause 1, Article 165 of the Enterprise Law 2020″.
Responding to the above view, HQC side said that the decision of the Board of Directors to postpone the meeting date and cancel the list of securities owners at the last registration date is necessary and does not violate shareholders’ rights and obligations. managers or decisions beyond their assigned authority. Therefore, the request to convene an extraordinary General Meeting of Shareholders for HQC is not in accordance with the Law on Enterprises.
On the other hand, HQC emphasized that the group of shareholders and investors also did not provide enough evidence to prove the percentage of share ownership in HQC at the time of sending the request to convene an extraordinary meeting.
Previously, the Company also made a written explanation for the postponement of the General Meeting of Shareholders as well as the cancellation of the list of shareholders with the right to attend the meeting on February 7, 2022. According to the Company, because there were only about 6 days left until the meeting, the members of the Board of Directors and the Organizing Committee were infected with Covid-19 and overlapped with each other.
At the same time, the number of shareholders has now increased by 4 times over the same period and far exceeds the expected number, which HQC said will affect the organization. Therefore, HQC would like to postpone this year’s General Meeting of Shareholders and will rearrange the hall to a sufficient capacity.
It is known that this meeting, HQC will consult shareholders on the debt swap issuance plan for the Chairman and some shareholders. This option was launched in the context of the market’s external news that “a group of shareholders is wanting five operating rights with the existing management”. This move is said to increase the ownership of the leadership, including Chairman Truong Anh Tuan, amid the current tension.
At the peak on the evening of March 22, 2022, a group of external shareholders sent a written request to nominate their person to the Board of Directors, Mrs. Nguyen Giang Quyen – currently the General Director of BII.
at Blogtuan.info – Source: Soha.vn – Read the original article here
