The Merger Rule prohibits mergers between businesses which substantially lessen competition in Hong Kong. At present, the Merger Rule only applies to mergers involving carrier licence holders within the meaning of the Telecommunications Ordinance (Cap106).
Merging Lanes When merging onto a highway or into another lane, the merging vehicle must yield the right-of-way to vehicles already in the lane. Failure to do so can result in dangerous merging accidents.
Differential voting rights in a company are those shares that give the shareholder extra rights to vote as compared to other shareholders. These rights can be used by the shareholders to gain more votes or less votes based on their choice.
Merger. A corporation may merge with one or more domestic or foreign corporations, resulting in a single domestic or foreign corporation, with or without a business purpose, pursuant to a plan of merger approved in the manner provided in sections 302A. 611 to 302A. 651.
Most simply put: dissenters' rights, or appraisal rights, are a legal entitlement of a shareholder to receive a court-determined fair value of her or his shares upon the occurrence of certain events that she or he does not support.
The treaty grants tribes the right to hunt, fish and gather on ceded lands, but the Minnesota Department of Natural Resources instead have enforced Minnesota law, arresting tribe members for gillnetting and spearfishing outside the bounds of state regulations.
As a minority shareholder you have rights to benefit from the company operations, those basic rights include the right to review the books and records of the company, receive dividends/profit distribution, and vote for board of directors.
Shares issued with differential rights shall not exceed 74% of the total voting power, including voting power in respect of equity shares with differential rights issued at any point of time.
A company may issue equity shares which carry rights only with respect to dividend and do not carry any voting rights. Superior voting right means any right that gives the shareholder more than one vote per share.
Companies may divide their ordinary shares into different classes (e.g. “A” and “B”) with different rights attached to each class. Read our guide on shares for more information about share types, transfer and allotment of shares etc.