Sweden To Introduce Proxy Voting For Foreign Shareholders

The Swedish Government has submitted to the Swedish parliament the outline of a new Companies Act, to come into force from 1 January 2006. Among its provisions is a clause that would allow foreign investors to exercise their voting rights

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The Swedish Government has submitted to the Swedish parliament the outline of a new Companies Act, to come into force from 1 January 2006. Among its provisions is a clause that would allow foreign investors to exercise their voting rights in Swedish companies by proxy voting.

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