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Initial Substantial Holder means the Percentage Stock Owner of at least 4.75% of any class of the Corporation Securities as of the Effective Date, after giving effect to the Plan of Reorganization.
Form 603. Description. Notice of initial substantial holder. Purpose. Notice is given to a listed company, or the responsible entity for a listed managed investment scheme, and a copy given to each relevant securities exchange.
A substantial shareholder is a person holding or having interest in 5% of the voting shares in a company (or if there is more than one class, 5% or more of the shares in any class).
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