133Likes
A reporter has done a bit more digging into the partnership.
https://archive.is/xgMfv
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05-07-2022, 07:40 AM #91
Last edited by shri; 05-07-2022 at 08:22 AM. Reason: Edited link
Have a GeoExpat related problem - please create a support ticket.
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05-07-2022, 07:49 AM #92
The expat drama keeping life in Hk a little interesting
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05-07-2022, 09:14 AM #93
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05-07-2022, 01:12 PM #94
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?
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05-07-2022, 01:33 PM #95
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.
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05-07-2022, 02:13 PM #96
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
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05-07-2022, 02:19 PM #97
Their aging staff were close to dying well before covid ... it was getting rather embarrassing.
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