Union Cooperative explores becoming a joint-stock firm
Union Cooperative Society promotes a decision regarding studying its transformation into a public joint-stock company, which is expected to be voted on during the upcoming General Assembly meeting scheduled for July 8th. Members will have the option to participate remotely via an electronic platform or attend in person, in accordance with legal quorum requirements. Prior registration and data update are necessary to receive login credentials. A minimum attendance of 50% of members is required to conduct the vote, with a two-thirds majority of those present needed to approve the transformation. Members are also permitted to delegate their vote to someone other than board members or employees.
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