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Kennedy Town Drama - Mendels Deli

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  1. #91

    Join Date
    Jan 2008
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    686

    A reporter has done a bit more digging into the partnership.

    https://archive.is/xgMfv

    Last edited by shri; 05-07-2022 at 08:22 AM. Reason: Edited link
    HSY and hike like this.
    Have a GeoExpat related problem - please create a support ticket.

  2. #92

    Join Date
    Nov 2015
    Posts
    938

    The expat drama keeping life in Hk a little interesting


  3. #93

    Join Date
    Jan 2021
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    492
    Quote Originally Posted by Editor:
    A reporter has done a bit more digging into the partnership.

    https://archive.is/xgMfv

    Still doesn't explain the crazy for me but...


  4. #94

    Join Date
    Aug 2009
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    2,629

    Out of interest, if the articles say two directors are needed to make a decision, the majority shareholder probably can’t do anything, can it?

    Or can the majority shareholder unilaterally change the articles and then vote out the second directors for subsequent decisions?


  5. #95

    Join Date
    Dec 2002
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    薄扶林
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    43,443

    Depends on the size of the majority (typically > 75%) ... not too familiar and not that interested, but at 25% you can prevent passing of special resolutions (changing of articles...).

    Randomly and not really researched, it is even more fun in China where someone can kidnap the company seals and chops.


  6. #96

    Join Date
    Dec 2019
    Posts
    2,286

    A bit off topic, but a Jewish restaurant with 92 years of history (1928-2020) that exposes a different angle of history / community… Survived WWII but not covid?

    https://www.scmp.com/magazines/post-...ars-hong-kongs


  7. #97

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    Dec 2002
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    Their aging staff were close to dying well before covid ... it was getting rather embarrassing.


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