Powerhouse and founding shareholder clause hobble Hydroworks
Chief executive says shareholder urgency in appointing new board is key – the company is in financial difficulty.
Calida Smylie Tue, 01 Aug 2017
The head of Hydroworks is attempting to rejig the board and get shareholders to rule out a clause which was hobbling the company.
Chief executive Andrew Rodwell sent out a notice to shareholders yesterday asking them to urgently call a meeting as the whole board had quit. Companies Office
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).