It is currently 21 Sep 2017, 16:31

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# General Question encountered today

Author Message
Intern
Joined: 29 Sep 2012
Posts: 20

Kudos [?]: 8 [0], given: 68

Location: United States
Concentration: Finance, Strategy
WE: Corporate Finance (Investment Banking)

### Show Tags

08 Jul 2013, 03:13
Hello Fellow GMATters,

I was writing an analysis report today and found a statement written by my colleague.

Original statement:
Company X holds apprx 46% of Company Y's share capital will be entitled to designate two candidates

Modified statement:
Here i have two views in mind while changing the statement.

1. Mod Stmt: X holds appx 46% stake in Y and will be entitled to designate two candidates (completely on future basis)

2. Mod stmt: X holds apprx 46% stake in Y and is entitled to designate two candidate (as a whole, keeping in mind, the right to designate since the time they held the stake)

I often get confused when writing the shareholders agreement reports.
Please correct me in all aspects.

_________________

Learn the Values. Knowledge comes by itself.

Kudos [?]: 8 [0], given: 68

Senior Manager
Joined: 07 Nov 2012
Posts: 334

Kudos [?]: 414 [0], given: 4

Schools: LBS '14 (A)
GMAT 1: 770 Q48 V48
Re: General Question encountered today [#permalink]

### Show Tags

08 Jul 2013, 09:21
Hi - It's the second 1.

As a consequence of having 46% of the shares they have this right NOW. When they get to do it is in the future, but they have the right now.

Hope that helps.

James
_________________

Former GMAT Pill student, now on staff. Used GMATPILL OG 12 and nothing else: 770 (48,48) & 6.0

... and more

Kudos [?]: 414 [0], given: 4

Intern
Joined: 29 Sep 2012
Posts: 20

Kudos [?]: 8 [0], given: 68

Location: United States
Concentration: Finance, Strategy
WE: Corporate Finance (Investment Banking)
Re: General Question encountered today [#permalink]

### Show Tags

09 Jul 2013, 22:17
plumber250 wrote:
Hi - It's the second 1.

As a consequence of having 46% of the shares they have this right NOW. When they get to do it is in the future, but they have the right now.

Hope that helps.

James

NOW. Check.
I was stuck on that little difference.
It helped.
Thank you so much,James.
_________________

Learn the Values. Knowledge comes by itself.

Kudos [?]: 8 [0], given: 68

Re: General Question encountered today   [#permalink] 09 Jul 2013, 22:17
Similar topics Replies Last post
Similar
Topics:
If-then clauses: general rules 1 09 Apr 2015, 00:26
8 General CR approach, taking notes? 5 05 Apr 2017, 09:20
My first encounter with SC & RC - Sharing my experience 0 31 Mar 2013, 13:53
General Questoin 4 12 Nov 2011, 16:02
General GMAT Questions 2 12 Oct 2012, 08:58
Display posts from previous: Sort by