Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
TRIO-TECH INTERNATIONAL: Amended and restated bylaws to permit electronic shareholder meeting attendance, prohibit written consent, reduce quorum, provide mandatory indemnification, and grant chair a casting vote on deadlock (effective 2023-10-11).
- Change
- bylaw amendment
- Effective
- 2023-10-11
Exact text from the filing
On October 11, 2023, the Board of Directors (the “ Board ”) of Trio-Tech International. (the “ Company ”) approved and adopted the Amended and Restated Bylaws of the Company (the “ Bylaws ”), which amend and restate the Company’s original bylaws to include: (i) permitting electronic attendance to a meeting of the Company’s shareholders (a “ Meeting ”); (ii) prohibiting action by written consent of shareholders in lieu of a meeting thereof; (iii) reducing the number of shares that are required to be present at a Meeting for establishing a quorum; (iv) providing for mandatory indemnification of expenses and losses of directors, officers, and agents, subject to certain exceptions; and (v) to provide for a casting vote for the Chair of the Board in the event of a deadlock in the directors.
View on SEC.gov