[murongxue]

Besides, does Brian have to quit the role as Chairman of both companies or it is fine if he quit the role in one company? What’s the recommendation on the two people?

[murongxue]

1st, can Brian be the chairman of both the parent company and subsidiary? Though parent co and subsidiary has the same interest, but he is not independent, right?

Likewise, can Valerie be a director of both of parent co and subsidiary? He is not independent, right?

2nd, does it matter if Valerie, the major shareholder be the director as well as the CFO at the same co?

[murongxue]

Hi sir,
Is the home market referred to Arboria country, the dispproportionate impact refers to the impact on new firms which will be established in Ceeland country? Quite confused about that.

[Author]

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