Timothy Loh, Managing Partner
+852 2899 0179
Seminar:
Board Representation of Minority Investors in Hong Kong Companies
The Hong Kong Institute of Chartered Secretaries:
Board Representation of Minority Investors in Hong Kong Companies
Wednesday, April 15, 2015 | 6:45 pm to 8:15 pm
Presenter: Mr Timothy Loh, Founder and Managing Principal, Timothy Loh LLP
Minority investors in companies will often wish to secure board representation so as to ensure that the company in which they have invested is managed in a manner satisfactory to themselves. For private companies, such investors will often wish to negotiate rights to appoint directors but there are difficulties under Hong Kong law in ensuring that appointees are not removed. Join our firm's principal at this seminar hosted by the Hong Kong Institute of Chartered Secretaries.
| Venue: | To be confirmed |
| Registration Fee: | HK$320 for HKICS members/students HK$360 for non-members |
| Level: | Intermediate |
| Language: | English |
Topics to be covered
The division of power between the board and shareholders and how it may be altered
- The reservation of certain matters to shareholders
- The power to direct directors by special resolution
- Shareholders rights when a board is deadlocked
Appointment of Directors
- Common provisions and prohibited provisions
- Appointment by shareholders and appointment by directors
- Provisions in shareholders agreements regarding nominations
- Entrenchment of rights in the articles of association
- Personal rights of appointment and enforcement issues
- Issues with using different share classes
Removal of Directors
- Problems with overriding the Companies Ordinance provisions
- Restrictions on removal in shareholders agreements
- Issues with using different share classes
- Problems with weighted shares