Q: Hello,
I own KMP.UN and just received a large package from them requesting I vote for or against.
They are asking shareholders to approve the plan of arrangement as Appendix E.
I made an attempt to go through it and understand what they were proposing but admit it wasn't clear to me.
Could you please clarify what they are asking shareholders to vote on and interpret it for us in simple talk.
With thanks
Sheldon
I own KMP.UN and just received a large package from them requesting I vote for or against.
They are asking shareholders to approve the plan of arrangement as Appendix E.
I made an attempt to go through it and understand what they were proposing but admit it wasn't clear to me.
Could you please clarify what they are asking shareholders to vote on and interpret it for us in simple talk.
With thanks
Sheldon
5i Research Answer:
In simple terms, the company is 'flattening' its corporate ownership structure to save taxes. It...