- The stockholders approved the private placement of Macquarie Bank Lmited (Macquarie Bank) of up to One Hundred Fifty Million (150,000,000) shares, which shall be undertaken in tranches, at a subscription price equivalent to ninety percent (90%) of the Volume Weighted Average Price (VWAP) of the shares of NiHAO, rounded down to the nearest centavo during a tranche period, and the listing with the Philippine Stock Exchange of the shares issued to Macquarie Bank pursuant thereto (the Private Placement Shares"
- The majority of the minority shareholders waived the conduct of a rights or public offering with respect to the Private Placement Shares of Macquarie Bank
- The stockholders likewise approved the Use of Proceeds of the private placement of Macquarie Bank, which was presented by the Corporation's Management during the Special Stockholders' Meeting.
| Home » Articles » Business |
NiHAO Mineral Resources International, Inc. Stockholders Meeting Results - April 12, 2012
|
In the Special Stockholders' Meeting of NiHAO Mineral Resources International, Inc. (NiHAO) held in April 12, 2012, the following matters transpired:
Please support us in writing articles like this by sharing this postShare this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.
--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.  "NiHAO Mineral Resources International, Inc. Stockholders Meeting Results - April 12, 2012" was written by Mary under the Business category. It has been read 1929 times and generated 0 comments. The article was created on 13 April 2012 and updated on 13 April 2012. |
|
| Total comments : 0 | |