Hi Ken, could you please clear up these two things up from your community consultation document-
VMC will provide a method for shareholders to vote.
then a few lines later-
VMC shares offer no voting rights. Shares of VMC on the exchange do not represent real world shares of the
company. The shares are solely a distribution mechanism for rights to profits.
And-VMC will be run by a 7 member board of directors, the board of directors will be elected within three months
of the initial IPO of VMC.
Does this mean you are going to offer a selection of candidates (say 10) and shareholders will vote and select 7 of these 10 to become board members?
Thanks, Stuart