General Capital Ltd. · NZX:GEN
General Capital — Mykco — Shareholder Meeting (July 2018)
18 slides from General Capital's shareholder meeting presentation, Jul 31, 2018
Slide 1: Welcome to Mykco Limited's Special Meeting
Mykco Welcome to Mykco Limited’s Special Meeting 1.00pm Tuesday 31 July 2018
Slide 2: Brent King, Chair
at Brent King Chair
Slide 3: Mykco Directors
Mykco Directors Brent King Rewi Bugo Huei Min (Lyn) Lim Simon McArley Graeme Brown
Slide 4: Brent King, Chair
at Brent King Chair
Slide 5: Agenda
Mykco Agenda 1.Chairman’s Introduction 2.Apologies 3.Resolutions
Slide 6: Resolution 1: Acquisition of Corporate Holdings Limited, and Issue of Shares to the Vendors
Mykco Resolution 1: Acquisition of Corporate Holdings Limited, and Issue of Shares to the Vendors. • To consider and, if thought fit, to pass the following special resolution: • ”That, subject to Resolutions 2 and 3 being passed, the shareholders approve the acquisition by Mykco Limited (Mykco) of a
Slide 7: Resolution 1: Acquisition of Corporate Holdings continued
Mykco Resolution 1: Acquisition of Corporate Holdings Limited, and Issue of Shares to the Vendors continued. • (a) for a purchase price of $6,132,436.80, being the 6,412,000 shares to be purchased, multiplied by 95.64 cents, which is the amount of the net assets per share of CHL derived from managem
Slide 8: Resolution 1: Acquisition of Corporate Holdings
Mykco Resolution 1: Acquisition of Corporate Holdings (b) to be satisfied by Mykco issuing 104,323,240 fully paid ordinary shares in Mykco at an issue price of 5.88 cents per share, being the 6,412,000 shares to be purchased, multiplied by 16.27 (16.27 is the number of shares in Mykco to be issued f
Slide 9: Resolution 1: Discussion on the Resolution
Mykco Resolution 1: Acquisition of Corporate Holdings Limited, and Issue of Shares to the Vendors. • Discussion on the Resolution
Slide 10: Rewi Bugo
Rewi Bugo
Slide 11: Resolution 2: Management Agreement with Brent Douglas King
Mykco Resolution 2: Management Agreement with Brent Douglas King • To consider and, if thought fit, to pass the following ordinary resolution: • ”That, subject to Resolutions 1 and 3 being passed, Mykco Limited (Mykco) enter into a Management Agreement with Brent Douglas King, the current Managing D
Slide 12: Resolution 2: Management Agreement continued
Mykco Resolution 2: Management Agreement with Brent Douglas King continued • as from completion of Mykco’s purchase of CHL, such Agreement to extend to Mykco and its subsidiaries but otherwise to be on substantially the same terms as and in substitution for his existing Management Agreement with CHL
Slide 13: Resolution 2: Discussion on the Resolution
Mykco Resolution 2: Management Agreement with Brent Douglas King • Discussion on the Resolution
Slide 14: Brent King, Chair
at Brent King Chair
Slide 15: Resolution 3: Directors' Remuneration Fee Pool
Mykco • Resolution 3: Directors’ Remuneration Fee Pool • To consider and, if thought fit, to pass the following ordinary resolution: • That, subject to Resolutions 1 and 2 being passed, the total Directors’ remuneration fee pool is increased by $150,000, from $150,000 to $300,000 per annum.
Slide 16: Resolution 3: Discussion on the Resolution
Mykco • Resolution 3: Directors’ Remuneration Fee Pool • Discussion on the Resolution
Slide 17: Thank you for attending the Special Meeting
Mykco Thank you for attending The Special Meeting. Mykco Limited
Slide 18: The Annual Meeting will start at 2.15pm
Mykco The Annual Meeting Will start at 2.15pm. Mykco Limited