How do you commit a hold-up on a Belgian listed company?

How do you commit a hold-up on a publicly traded company in Belgium? By applying a cuckoo strategy, as this video explains in less than four minutes.

This video is a short summary of the first part of the speech I gave at the initiative of Michael Freilich earlier this year in the Finance and Budget Committee, where I had the opportunity to explain Trafigura's strategy in the Nyrstar case with a particular focus on its pernicious impact on investor confidence. Because our goal is more than just getting compensation for the damage suffered in the Nyrstar case. We want to protect other investors in Belgian listed companies from a new hold-up. This is a matter of national and social importance. Meanwhile, a lot is moving. There is a growing consensus among members of parliament to clamp down on abusive practices on the Brussels stock exchange. Not with more rules, but with more efficient enforcement and sanction mechanisms for those who do not abide by the rules. The FSMA already made a number of proposals in parliament to strengthen its mandate in this respect, so that it can intervene more quickly when the game is not being played by the rules. The Belgian capital market will emerge strengthened and the interests of minority shareholders will be better protected. The dossier is now on the table of the new Finance Minister. We have full confidence in the government and firmly believe that it will do what is necessary to restore investor confidence in our stock market for the sake of our economy and our prosperity.

---

translated by AI