Re: It is time to wake up INVESTMENT CANADA
in response to
by
posted on
Mar 12, 2011 03:45PM
Glenfidish,
Some of the questions can be better formulated after we see the offer (especially those dealing with specific conflicts of interests). But here are a couple of relevant questions:
(1) If CMM is committed to the highest standards of corporate governance (as its website claims) why is it that the Company failed to appoint a second Canadian director to its board?
(2) CMM also claims that the majority of its directors shall be independent of management; so how is it that the independent directors are actually in a minority?
(3) How can a Board ,dominated by Scola/Finskiy appointees, offer an unbiased opinion of fairness in case of takeover or merger offer form WTG?