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SAM annual general meeting (1 Viewer)

havy

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Have anyone received this notice in their mail box? I'm quite confused with the whole situation here - Does everyone SAM member need to go to that AGM? what do we do with the proxy form? Besides that, does this AGM take consideration of all the events that have recent happened in SAM? because the proxy form didn't mention about voting for a new chairman etc.
 
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I got something in the mail today from mq.

Still trying to figure it out myself... it looks all complex and official and stuff :S
 

havy

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is the SAM AGM for all members? cause I reckon there must be thousands of SAM members in this uni, and they expect all of them to attend at Lindsay Room, SAM building? or is this why they hav provided the proxy form thing?
 

Kegs

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You go if you want, and if you cant/dont want to go then you can get someone to go on your behalf. It doesnt take into account the recent events, but it does have some interesting points. There would be no voting for a new board. Only the four motions on the agenda will be discussed, I imagine.

What motion 4 cleverly leave out, is that the 'contribution' being proposed for transfer from SAM to MUSC is in the region of $600,000 (I think). The number is not specified but there is talk of pre VSU style funding, and this was quite a lot of money. Victor Ma, recently fired from SAM, still controls MUSC, who could recieve this large ammount of money if the students dont vote against this motion. So come, or proxy to someone who is going.
 

havy

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how long will the AGM be? since on the letter it says starting at 1.30pm, but I'll have a lecture at 3pm...
besides, if I do attend the AGM, does that mean I can throw the proxy letter away?
 
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xeuyrawp

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Could someone please post up the specifics for us who haven't gotten the letter yet?
 

Kegs

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I didnt get the letter either, it is at my home in Bowral. But I did see it on Tuesday, a guy at work had it. Can someone post the details please, as in what the 4 motions said. It will go for about 10 minutes (or less). I tried to go to the AGM last year, but was 7 minutes late and missed it. I will not be late this year.
 
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I can't see any "4 motions" so I'm just going to scan in everything I've got (excluding this letter marked to "The Company Secretary" - I assume that's the thing we mail our proxy form off in. No free postage this time :p).

Can anyone who understands it PLEASE go through all the pages step-by-step and explain what they mean? I have no freakin' clue how to understand any of it and I just feel really scared and overwhelmed by it all :(


(front of page 1)


(back of page 1)


(proxy form?)


(some other thing...?)
 

AsyLum

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I assume the things listed under "MOTION" would be the items in question ;)

Basically they ask a question:

"Next item in the agenda is the motion of..."

Then there is a vote to either pass or deny the motion. Then it is counted/confirmed by a 'witness' then it is instituted officially.
 

nikmueller

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as of today veema is student representative on university council for 2007/08.

thanks heaps to everyone who supported my campaign.

2,200 people voted out of 26,000 ballots sent out. 2% rise in votes since last year.

peace
nik
 

havy

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i've received the email saying SAM will be liquidated...
will there still be a general meeting?
 

havy

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besides, if they decide to liquidate sam, shouldn't they ask the member's decision first?

someone told me the AGM has already happend, so wats really going on there?
 

Kegs

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If it has happened they have probably broken the law, so I dont imagine it has. They would have to let the members know about it. The meeting will probably still go ahead, but I doubt anything will happen there. SAM is dead.
 

AsyLum

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FOUR decades of sometimes turbulent history in student politics have come to an end at Macquarie University in Sydney with the liquidation of the elected student council.

The Macquarie University Students Council, presided over by Victor Ma, was "no longer viable", according to NSW Supreme Court judge Clifford Einstein, who made a winding-up order on Thursday.

The university went to court after Mr Ma failed to answer auditors' questions about finances at MUSC and the student services union, Students at Macquarie.
Mr Ma had led both organisations. The university sacked him as SAM president on May 4.

Mr Ma declared last week he would resign as MUSC chairman, saying he had been a scapegoat for university managers determined to merge and control all student bodies on campus after 40years of independent representation.

In his decision, Justice Einstein said MUSC would have no cash to pay debts once it returned $95,000 transferred from SAM's catering business, Venues at Macquarie.

Venues' provisional liquidator, Trevor Pogroske, told the court he could find "no legitimate reason" for the transfers.

These and two other transfers to an unnamed lawyer's trust account -- $115,000 from Venues and $118,000 from SAM -- were still being investigated, Mr Pogroske told The Australian.

Macquarie's vice-chancellor, Steven Schwartz, said transactions early this month by Mr Ma and other directors had put Venues and its employees at risk.

Mr Ma said he had made legitimate use of a trust account "to protect the student organization from the university's planned hostile acquisition".

Justice Einstein said MUSC had "very few fee-paying members" and "no real prospect of any further income" following the abolition of compulsory student unionism halfway through last year, which levied students and financed student politics and services.

Macquarie's registrar, Brian Spencer, told The Australian the university would have to finance a new, merged student organisation. Students would have a voice but Macquarie would have a majority on the board to ensure accountability.
 

havy

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AGM postponed....well i guess there wont be another one for a while.
 

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