The Toronto Stock Exchange (TSX) has received permission from the Ontario Securities Commission to make various amendments to Part IV of the TSX Company Manual in respect of the rules regarding the election of directors of listed issuers: see here. The new rules require, amongst other things, directors to be elected individually and annually.
Tuesday, 9 October 2012
Canada: TSX listed companies and the election of directors
The Toronto Stock Exchange (TSX) has received permission from the Ontario Securities Commission to make various amendments to Part IV of the TSX Company Manual in respect of the rules regarding the election of directors of listed issuers: see here. The new rules require, amongst other things, directors to be elected individually and annually.
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