At a shareholders' meeting on Twitter, a major American social media company, the company reiterated that Elon Musk's acquisition process is proceeding as planned.
However, at the general meeting, the reappointment of an investment fund executive close to Mr. Musk to the board of directors was rejected, and the focus will be on the impact on future procedures.
At Twitter's annual shareholders meeting on the 25th, shareholders asked a series of questions about the acquisition by entrepreneur Elon Musk.
The acquisition process is confusing, with Mr. Musk temporarily suspending it to check the number of fake accounts, but Agrawal reiterated that the procedure is proceeding as planned.
However, at the General Assembly, a proposal to reappoint Mr. Egon Durban, an executive of the American investment fund Silver Lake, as a director was rejected.
Mr. Durban is close to Mr. Musk and is said to have acted as a bridge with the company in the acquisition.
Behind the rejection was a voting advisory company recommending opposition to the reappointment, saying that Mr. Durban is also an officer of many listed companies, but the acquisition by Mr. Musk Some local media have reported that shareholders are skeptical, and the focus will be on how it will impact future acquisition proceedings.