The Australian Securities and Investment Commission (ASIC) is making inquiries into an erroneous shareholder vote on a takeover of PointsBet Holdings (ASX:PBH) by Japanese consumer technology firm MIXI, The Australian Financial Review reported, citing people briefed on the inquiries.
An error by Computershare led to an announcement that the proposal from MIXI had been accepted with an overwhelming majority when it was actually rejected. Computershare reversed the announcement the following day, adding it had incorrectly excluded shares voted against the proposal by betr Entertainment (ASX:BBT).
ASIC requested information about the vote, how it unfolded, and the mistakes that were made. It is focused on the trading of PointsBet and betr shares after the erroneous announcement.
PointsBet said Computershare had told it that a senior betr executive revoked its vote. However, PointsBet and Computershare deny these claims made against them, per the report.
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