Thursday, 8 November 2012

Macquire Infrastructure Fund- Boardroom showdown

Announcement by MIIF:
"Macquarie International Infrastructure Fund Limited (MIIF or the Company) wishes to inform its shareholders that a valid requisition for a Special General Meeting of the Company (the Requisition) was lodged by Raffles Nominees (Pte) Limited on behalf of its clients, who hold 10.27 per cent of MIIF’s paid-up share capital, (together the Requisitioning Shareholders) at the Company’s registered office in Bermuda on 5 November 2012 (the Operative Date)."

The latest news is the mysterious shareholder wants to nominate 3 directors to the BOD. Looks like an upcoming boxing match.

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