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Guyana court upholds block on Banks DIH 15% voting cap

Guyana's full court upheld a high court ruling preventing Banks DIH from implementing a 15% cap on shareholder voting power, in a case brought by Guyana Americas Merchant Bank. The decision confirms the lower court's interpretation of corporate governance rules, though the company may appeal further. This matters as it sets a precedent for shareholder rights and corporate control in Guyana's evolving financial sector.

Kaieteur Newsabout 9 hours agoGYengCredibility 17%View source

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Mosaic Score2.0
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