IBI Group Inc T.IBG.DB.E

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IBI Group Inc. is a global design and technology company. The Company offers a range of services, including architectural controls, architecture, bridge engineering, civil engineering, construction management, data analytics, design technology, development engineering, economics/financial analysis, electrical engineering, energy solutions, engineering, environmental assessment, geomatics/land surveying, highway and road design, and indigenous engagement and relations. The Company¿s services also include interiors, land use planning, landscape architecture, mechanical engineering, municipal infrastructure, operations and maintenance, parametric design, placemaking, planning and urban design, public outreach, research and development, software development, systems engineering, traffic engineering, transit planning, transportation engineering, visualization, water resources management, and water/wastewater. The Company has over 60 offices in major urban centers across the globe.

TSX:IBG.DB.E - Post by User

IBI Group Inc

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Comment by HRc60to65on Jun 25, 2014 12:49pm

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Post# 22693715

RE:RE:Meeting Post Poned to July 7th

One other reason to pospone the meeting, not enough bondholders have voted.

If only 10M$ face value have voted (YES or NO) on the 40M$ bonds. It is not enough to get credibility.

Extending the vote to July 3, will protected management against legal action, eventough only 5% to 30% of the face value of bonds have voted.

If a bondholder is not interested to vote (YES or NO) on the proposal, it can not take legal action against the management or IBI.

That means, bondholders are not intersted on that issue, they want there 7% interest.

Also that means June 30, the interest will be paid to all bonds series.

Then forget BK

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