SKT Sky Network Television Limited.

**Ogg** · 17-05-2021, 09:37 PM

https://www.sky.co.nz/documents/1170...ing_Policy.pdf

The FMCA requires directors of Sky to disclose Relevant Interests to NZX within five trading days.

https://www.legislation.govt.nz/act/...html#DLM140932

What's the deal here? Are they just letting this slip? He broke the law.

No explanation given as to why? Did he just not know? If so, they should say so it's on record.

**Habits** · 17-05-2021, 10:27 PM

Originally Posted by Ogg

https://www.trademe.co.nz/a/property...ing/3093802622

Price indication on trademe is $10m.

That's about as much as your gonna get from these run down sh*tty cross lease buildings.

Could of been worth $50m if it was in the Terrance and Apartment zone in AUP.

And what if it was freehold not FH-crosslease, then the owner can actually redevelop the land. Crosslease is a huge handbrake. Who would want that

**Greekwatchdog** · 18-05-2021, 06:02 AM

AT & T announce $43b merge Warner Bro with Discovery
https://www.cnbc.com/2021/05/17/att-...e-company.html

**mistaTea** · 18-05-2021, 06:22 AM

Originally Posted by Ogg

https://www.trademe.co.nz/a/property...ing/3093802622

Price indication on trademe is $10m.

That's about as much as your gonna get from these run down sh*tty cross lease buildings.

Could of been worth $50m if it was in the Terrance and Apartment zone in AUP.

Lol.

If they sell it for $10M…we riot…

**Habits** · 18-05-2021, 09:26 AM

Originally Posted by mistaTea

Lol.

If they sell it for $10M…we riot…

Waste of time riot or complaining then. Start now with emails to directors and sophie... because once they sign there is no going back

**mistaTea** · 18-05-2021, 09:41 AM

Originally Posted by Habits

Waste of time riot or complaining then. Start now with emails to directors and sophie... because once they sign there is no going back

I don't see where it has a price guide of $10M.

It will just be Ogg stirring the pot

**Habits** · 18-05-2021, 09:45 AM

Originally Posted by mistaTea

I don't see where it has a price guide of $10M.

It will just be Ogg stirring the pot

Major transactions – your obligations as a director — Bell Associates
https://www.bellassociates.co.nz/lat...hs0el1oox2fvsf

Major transaction defined
A major transaction is where a company purchases or sells assets or incurs an obligation that has a value of greater than half of the company’s existing assets. For example, if a company was created to own a dairy farm and it subsequently sells the farm, this would constitute a major transaction as the farm was a significant company asset.

Requirements of major transactions
A major transaction must be approved by special resolution, which requires a majority of 75% of the shareholders of a company to approve the transaction.

A company cannot avoid the major transaction provisions set out in the Act; however, it can add requirements for passing a major transaction under its company constitution. For example, a company constitution could state that 80% of shareholder votes are required for a special resolution in relation to major transactions rather than 75% as provided for in the Act.

**Ogg** · 18-05-2021, 10:20 AM

Originally Posted by mistaTea

I don't see where it has a price guide of $10M.

It will just be Ogg stirring the pot

You have to sort all properties by price, then go through the listing and find where it sits compared to other properties that have shown asking pricing. Then roughly guess where it sits. It's easier to do with residential property, commercial a lot harder.