This clause applies to Trenwick America. Does this also apply to TWKGQ?
Trenwick's bye-laws provide that a majority of all of the Trenwick directors must approve any transfer that will cause any shareholder other than an investment company to hold more than 5% of the outstanding share capital of the company, or any shareholder that is an investment company to acquire 10% or more of the outstanding common shares of the company.
___________________________________________________ "The only thing necessary for the triumph of evil is for good [people] to do nothing." --Edmund Burke
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