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MMG could scupper $140m DNZ float
Thursday 3rd of December 2009
MMG director David van Schaardenburg says his advice is a vote by 75% both by value and by number of holders of DNZ's "A" shares would be legally binding on the company. DNZ has two classes of share with the investors owning the "A" shares and the manager owning all the "B" shares.
MMG's advice is at odds with information in DNZ's prospectus which says the "B" shares holder "control the...
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