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Acasta Enterprises shareholders OK name change


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Acasta Enterprises shareholders OK name change

Acasta Enterprises Inc. shareholders approved the company's name change to Apollo Health Corp. and a bylaw amendment on director elections at their May 14 meeting.

The bylaw amendment, which was adopted by the board Dec. 21, 2018, says there should be an advance notice to the company whenever there are director nominations made in cases outside of a shareholder proposal made pursuant to the Ontario Business Corporations Act and a requisition of a meeting under the same law. Acasta Enterprises' board recommended that shareholders approve the amendment, arguing the purpose is to give shareholders enough time to evaluate candidates' qualifications.