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Criteria to become a director of a listed company

5 posters

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SmartMoney

SmartMoney
Senior Equity Analytic
Senior Equity Analytic

Does anyone know the criteria to become a director of a listed company ??

I know there's a possibility of being appointed to the director board without holding a single share in the company, how are these appointments done ??

Is it the decision of the existing director board to appoint a director , or is it done by the voting of the shareholders ??

What percentage of total shares of the company should you hold to get into the director board , based on the share amount you hold ??

Does this criteria vary from one company to the other ??

Please share your knowledge, Thanks in advance .....!!

Rocky

Rocky
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

If you become a model like " SL Praba" {with good connections} one stands a better chance without owning shares.
One does not need brains to be one.

However, males cannot enter the board room this way. It has to be a combination of Brains / Clout / Cash.


Hope this answers yr question?

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics

Eh! aren't you hired as a director. At least that was the case when my father was working

MarketResearch

MarketResearch
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

SmartMoney wrote:Does anyone know the criteria to become a director of a listed company ??

I know there's a possibility of being appointed to the director board without holding a single share in the company, how are these appointments done ??

Is it the decision of the existing director board to appoint a director , or is it done by the voting of the shareholders ??

What percentage of total shares of the company should you hold to get into the director board , based on the share amount you hold ??

Does this criteria vary from one company to the other ??

Please share your knowledge, Thanks in advance .....!!

The easiest way is You can get a Power of Attorney from a Company Director to work on behalf of him during the Actual Director is Abroad.
First you make a close relationship with an existing Director.
Upon the trust he will appoint you as the acting Director for a short period.


LOL..............

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics


Directors are appointed by the shareholders, as their wish who can ride for benefit of the company. (Voting shares decide)

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