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He branded it an "outrageous" move, after it appeared the restructure plan would be rejected.
But the ASA's Stephen Mayne said the board should not have delayed a vote on the restructure plan.
Under the restructure plan, Westfield's Australian and New Zealand businesses would merge with WRT to create a new entity, to be called Scentre.
Highfield has moved swiftly, rolling out a sweeping, and often painful, restructure plan under which about 220 of Johnston Press's 250 titles (which include the Scotsman and the Yorkshire Post) have relaunched to date.
Samsung has been trying to rush the restructure plan through before the Minjoo Party passes their anti-trust corporate reform bill which does not favor any concentrated corporate control.
Similar(55)
Blattmachr's point about the ability to restructure planning that has already been implemented is important.
He has published a comprehensive restructuring plan.
Investors reacted positively to the restructuring plan.
Everything is riding on its restructuring plan.
The restructuring plan includes management changes.
What is a restructuring plan bonus?
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