Date Released: November 10th 2022 Tap/Click here to download pdf version The NZ Shareholders’ Association (NZSA) is pleased to release a new policy focused on investor expectations relating to Environmental Sustainability practices and disclosures. The new policy takes its place amongst the suite of existing NZSA policies used to assess corporate disclosures and practices. NZSA…
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Date Released: July 29th 2022 Tap/Click here to download pdf version The NZ Shareholders’ Association (NZSA) remains concerned about the recent events at NZ Automotive Investments (NZA) and their impacts on retail shareholders. Early last week, all Board Members, except for 46% shareholder Yusuke (David) Sena, announced their resignation from the Board to take effect…
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Date Released: June 20th 2022 Tap/Click here to download pdf version The NZ Shareholders’ Association and KiwiSaver default provider Simplicity have written to the Fletcher Building Board, following our meeting held late last week. We have asked for: • the resignation of the Chair• All Board members to put themselves for re-election at the company’s upcoming…
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Date Released: May 17th 2022 Tap/Click here to download pdf version The New Zealand Shareholders’ Association (NZSA) was sad to hear of the passing of Brian Gaynor yesterday. Brian was a staunch supporter of NZSA, with a focus on ‘doing the right thing’ as it related to the rights of shareholders – values that resonate…
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Date Released: May 5th 2022 Tap/Click here to download pdf version The New Zealand Shareholders’ Association (NZSA) has observed the recent commentary made by DGL Group majority owner and Chief Executive Simon Henry, in relation to the role of Nadia Lim in the My Food Bag (MFB) initial public offering. The commentary provided by Mr.…
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To support our advocacy on behalf of retail investors, NZSA met with 380 key stakeholders amongst the NZ corporate and investment community during 2021 – including listed companies, professional service firms, regulators and other stakeholders.
NZSA reviewed the disclosures associated with 145 companies, producing reports that help investors make great investment decisions!
NZSA’s proxy voting service voted 567m shares (a 60% increase from 2020’s 370m), as more shareholders trusted us with their vote. That puts NZSA in the top 20 shareholders at around half of all NZX companies.
Shareholder activism still matters. During 2021, NZSA supported a shareholder group disenchanted with the governance and operations of New Talisman Gold Mines. The result was resounding, with the entire board being replaced shortly after the annual shareholder meeting.
From class actions to climate-related disclosures…NZSA is looking after the interests of retail investors, now and into the future. All submissions are available here.
