Open Zambia

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alb476

Messages: 284

Inscription: Lun 9 Aoû 2010 12:19

Localisation: Grenoble

Message Jeu 4 Juil 2013 12:47

Open Zambia

also in https://www.facebook.com/pages/Open-Zam ... 0525456999

ZCCM-IH shareholders angry with Direction over "unconvetional" governance and poor management.

This letter to the Zambian Securities and Exchange commission explains how this parastal company treats its shareholders with utter comtempt.

It describes how ZCCM-IH deliberately continues to use a flawed Register of Shareholders that ony lists only 4% of the actual Minority Shareholders when calling meetings and votes. It is just one example of the way ZCCM-IH uses “unconventional” methods of governance which adversely affect the image of the company.
This letter is now published on the internet at the following sites :

viewtopic.php?f=20&t=7744
http://fr.scribd.com/doc/150412186/ZCCM ... or-Purpose
https://www.facebook.com/groups/6130786 ... 178367533/

This is the first of a series of publications to inform all ZCCM-IH shareholders, the board and staff of ZCCM-Ih and the Zambian regulatory authorities about how the company is managed and what needs to be done to improve the situation. Others will follow in the coming weeks. They include the need to change the markets on which ZCCM-IH shares are traded, the failure of the company to recover hundreds of millions of dollars in unpaid profits from Kansanshi mining plc. and a pretext to issue new shares based on outdated accounting figures etc.
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LesCrozes

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Messages: 5910

Inscription: Jeu 14 Mai 2009 16:23

Message Jeu 4 Juil 2013 13:56

Re: Open Zambia

+1
Ce que l'on conçoit bien, s'énonce clairement, Et les mots pour le dire arrivent aisément. BOILEAU
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bobded

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Messages: 2418

Inscription: Dim 30 Aoû 2009 21:22

Message Jeu 4 Juil 2013 15:54

Re: Open Zambia

bravo

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