What’s at stake: NZSA will vote against all resolutions at the Colonial Motor Co AGM on Friday over concern about disclosure to investors.
Background: NZSA chief executive Oliver Mander thought the company had not taken feedback on board. Mander wanted more information about risk and risk mitigation, as well as disclosure about the composition of the company’s board and skillsets.
Key players: Colonial Motor Co, NZSA, Oliver Mander, NZX.
Colonial Motor Company is disappointed with the action being taken by the Shareholders’ Association this week, which bluntly aims to “make a point” for the listed company to improve.
The NZSA said it plans to vote against all resolutions at Colonial’s annual meeting in Wellington on Friday
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What’s at stake: NZSA will vote against all resolutions at the Colonial Motor Co AGM on Friday over concern about disclosure to investors.
Background: NZSA chief executive Oliver Mander thought the company had not taken feedback on board. Mander wanted more information about risk and risk mitigation, as well as disclosure about the composition of the company’s board and skillsets.
Key players: Colonial Motor Co, NZSA, Oliver Mander, NZX.
