NZ Windfarms shareholders reject board fee increase
AGM resolution to boost director fees defeated by thumping majority on same day huge Meridian deal announced.
NZ Windfarms' Te Rere Hau windfarm.
Shareholders of NZ Windfarms have firmly rejected a proposal to increase directors’ fees, defeating the annual meeting resolution by 82.5% to 17.5%.
The other three resolutions at the Palmerston North AGM yesterday were passed with 97-99% votes in favour.
Directors had sought a boost in fees from
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