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  (#31 (permalink)) Old
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Default 14th May 2009

When they present her yesterday on OTV they says that she's a Lawyer from Abou Jaoude Lawyer firm,, I don't know why all this bla bla bla in this thread..
Isn't she Lebanese?? Isn't OTV for all the Lebanese?? did they asked us for our affiliations or our religion when we bought the shares??
Of course not..
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Default 14th May 2009

Quote:
Originally Posted by Arze View Post
When they present her yesterday on OTV they says that she's a Lawyer from Abou Jaoude Lawyer firm,, I don't know why all this bla bla bla in this thread..
Isn't she Lebanese?? Isn't OTV for all the Lebanese?? did they asked us for our affiliations or our religion when we bought the shares??
Of course not..
eh bass barke she's not race pure?
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Default 14th May 2009

Since OTV doesn't ask for one's affiliation before accepting his purchase of shares, what is exactly the fuss about?
On the other hand, if OTV were to do so, it would have been a total segregatory move and undemocratic behavior. It's a public shareholding company, so anyone has the right to buy shares or even become a major shareholder. The key point lies in the company's bylaws which should prevent any one person from having major say in the company's decisions.

So if this person were to influence OTV's decisions, it would be the fault of OTV's management and legal department and not the shareholder.
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Default 14th May 2009

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Originally Posted by vegojimbo View Post

So if this person were to influence OTV's decisions, it would be the fault of OTV's management and legal department and not the shareholder.
it's not anyone's fault actually...OTV is for the lebanese people, that's what it
advertises.
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Default 14th May 2009

Quote:
Originally Posted by vegojimbo View Post
Since OTV doesn't ask for one's affiliation before accepting his purchase of shares, what is exactly the fuss about?
On the other hand, if OTV were to do so, it would have been a total segregatory move and undemocratic behavior. It's a public shareholding company, so anyone has the right to buy shares or even become a major shareholder. The key point lies in the company's bylaws which should prevent any one person from having major say in the company's decisions.
So if this person were to influence OTV's decisions, it would be the fault of OTV's management and legal department and not the shareholder.
That's my point
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Default 14th May 2009

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Originally Posted by sanfour View Post
it's not anyone's fault actually...OTV is for the lebanese people, that's what it
advertises.
I beg to differ. In a public shareholding firm like OTV, one shareholder should not be allowed to have the amount of shares that give him the power to influence the company's policies, directives, modus operande, etc...
And to ensure this, there must legal clauses and bylaws that prevent any one person from having let's say more than 20% of the shares. And for him/her to have such substantial shares, he must at first disclose his bank accounts or something like that. I'm not a lawyer to know much about this, but my point is that there are legal restrictions to prevent this from happening.
That way, the 50% + of the shares will be controlled by multiple shareholders, and the company will not succumb to whims of one person.
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Default 14th May 2009

Quote:
Originally Posted by vegojimbo View Post
I beg to differ. In a public shareholding firm like OTV, one shareholder should not be allowed to have the amount of shares that give him the power to influence the company's policies, directives, modus operande, etc...
And to ensure this, there must legal clauses and bylaws that prevent any one person from having let's say more than 20% of the shares. And for him/her to have such substantial shares, he must at first disclose his bank accounts or something like that. I'm not a lawyer to know much about this, but my point is that there are legal restrictions to prevent this from happening.
That way, the 50% + of the shares will be controlled by multiple shareholders, and the company will not succumb to whims of one person.
according to the law, it's 10% max per person(physical or moral) but
i don't think that one has to disclose his bank accounts just to buy
OTV shares.
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Default 14th May 2009

Anyway, why would the daughter of the consultant and a fierce partisan of Harriri buy shares in OTV?

That looks strange to me..
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Default 14th May 2009

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Originally Posted by Kumari View Post
Anyway, why would the daughter of the consultant and a fierce partisan of Harriri buy shares in OTV?

That looks strange to me..
because she cannot buy shares in Future TV?
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Default 14th May 2009

Quote:
Originally Posted by Kumari View Post
Anyway, why would the daughter of the consultant and a fierce partisan of Harriri buy shares in OTV?

That looks strange to me..
If she's the daughter of our opponent, that doesn't make her a devil.
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