AGM25 Nov 2025 19:38
18:00 AEDT.
CAP-XX Limited shareholders will gather to discuss a five-point agenda covering the consideration of reports, the election of directors, the replacement of the company’s constitution, the confirmation of our new auditor’s appointment, and the passing of a disapplication resolution.
So the last point on the agenda - Disapplication Resolution, here’s what AI thinks !
CAP-XX Limited, an Australian public company, is seeking to pass a disapplication resolution at its upcoming Annual General Meeting (AGM) on November 28, 2025. This type of resolution is generally used to disapply statutory pre-emption rights, allowing a company to issue new shares without first offering them to existing shareholders in proportion to their current holdings.
So they need cash, but what for ?