Boohoo shareholders ‘overwhelmingly reject’ Frasers’ bid to oust Mahmud Kamani

Boohoo Group shareholders have “overwhelmingly” voted against Frasers Group’s proposal to remove Mahmud Kamani, the fashion group’s founder and executive vice chair, from the board.
At a General Meeting held today (21 January), the resolution was rejected, with 63.17% of votes cast against the proposal. The final vote count showed 703 million votes against, compared to just 409 million in support.
The outcome follows previous shareholder resistance to Frasers’ actio