You've got to know when to hold 'em, know when to fold 'em
Know when to walk away, know when to run.
You never count your money when you're sittin' at the table.
There'll be time enough for countin' when the dealin's done.
Written by Don Schlitz, recorded by various Artists including Kenny Rogers
Does this basically mean that unless the Norman's agree to a takeover, The Warehouse is unlikely to ever delist?
Stephen could sell his stake and cede control to an acquirer who could then proceed to make the same offer to minorities, who can accept or not. Just makes it much harder to implement wholesale change in strategy and management as a public listed entity.
Unlikely Stephen would sell though as WHS is his baby.
Are you referring to GST? That is collected by these larger online retailers and passed on to the Govt. Has been that way for a few years now. Things like corporate tax is another story. But these places are often/usually registered in tax haven locations. Your specific example of Temu is owned by PDD Holdings, registered in Cayman Islands.
Thanks for the information.I could misunderstand the GST and parcel delivery issues.
Would the Warehouse be able to sell its land to retirement villages?
"Sir Stephen and the Tindall Foundation owned 48 percent of the Warehouse Group, while the James Pascoe Group (owner of Pascoes), owned nearly 20 percent.
"The current scheme of arrangement doesn't have the critical shareholder backing it needs to proceed,"
Officers
Officer Name Position Effective Date
Rukumoana Tira Marie Schaafhausen
Trustee
18/09/2018
Robert John Tindall
Trustee
7/06/2011
Jennifer Mary Casey
Trustee
8/09/2006
Margaret Maria Tindall
Trustee
14/09/1994
Stephen Robert Tindall
Trustee
14/09/1994
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