Re: The MEETINGS MAIN POINTS
You are quite right about the Michael Isaac shareholding dilution- I was reporting on what was said by Mehmet Dalman at the meeting.
On checking the figures this evening, MI held approximately 11.4% of the shares in issue as at August 2011. As a result of new share issues and debt to equity conversions by Vincent Tan this has diluted greatly.As per an Annual Return in October 2020 there were just over 946m shares in issue of which nearly 930m were in the name of Vincent Tan (98%). Michael Isaac’s 11.2m shares now represent only just over 1% of the total.
Originally posted by Allez Allez Allez
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On checking the figures this evening, MI held approximately 11.4% of the shares in issue as at August 2011. As a result of new share issues and debt to equity conversions by Vincent Tan this has diluted greatly.As per an Annual Return in October 2020 there were just over 946m shares in issue of which nearly 930m were in the name of Vincent Tan (98%). Michael Isaac’s 11.2m shares now represent only just over 1% of the total.

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