Voting rights for depository receipts: conversion grants shareholder voting rights; overseas depository votes pre-conversion under agreement. Voting rights for holders of depository receipts are conditioned on conversion into underlying shares: a holder may become a member and exercise voting ... Summary
Voting rights for depository receipts: conversion grants shareholder voting rights; overseas depository votes pre-conversion under agreement.
Voting rights for holders of depository receipts are conditioned on conversion into underlying shares: a holder may become a member and exercise voting rights only upon conversion after complying with the conversion procedure specified in the Scheme and the Act; until conversion the overseas depository may vote on behalf of holders in accordance with the agreement among the depository, the holders and the company.
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