Wellington Drive Technology Limited Annual Meeting Report, May 25th 2022 Click here for NZSA Assessment and Voting intentions Despite Covid 19 disruptions, the company had a good year with revenues up 74% to $64.2 million, and EBITDA at $2.6 million. Revenues in North America and Canada were up 41%, Latin America 91%, Europe and Middle…
Read more
Millennium and Copthorne Hotels New Zealand Limited Annual Meeting Report, May 24th 2022 Click here for NZSA Assessment and Voting intentions Millennium and Copthorne Hotels (NZX:MCK) held its ASM on Tuesday 24 May 2022 in Auckland and on-line. MCK operates 19 hotels in New Zealand under the Millennium, Copthorne and M brands. 14 hotels are…
Read more
CDL Investments New Zealand Limited Annual Meeting Report, May 24th 2022 Click here for NZSA Assessment and Voting intentions CDL Investment Limited (NZX:CDI) held its relatively brief ASM on Tuesday 24 May 2022 in Auckland and on-line. CDI develops and sells residential sections and commercial developments across the country. It has a large shareholder, Millennium…
Read more
Briscoe Group Limited Annual Meeting Report, May 19th 2022 Click here for NZSA Assessment and Voting intentions Unlike most companies where only the Chair and CEO present, when it comes to Briscoe’s, we also hear from the senior managers. This provided a good oversight of how the company works and the strategic priorities in each…
Read more
Property For Industry Limited Annual Meeting Report, May 13th 2022 Click here for NZSA Assessment and Voting intentions In times past, Friday the 13th would have been seen as an inauspicious date for holding an annual meeting. But, on this occasion, the only downside I noticed was the paucity of shareholders attending either in person…
Read more
SMW Group Limited Special Meeting Report, May 13th 2022 Click here for NZSA Assessment and Voting intentions Jill Hatchwell, the Chair, completed an introduction to the meeting with a presentation which can be found here. At the conclusion of the presentation there was one very relevant question which minority shareholders will have found pertinent: “How…
Read more
Channel Infrastructure Limited Annual Meeting Report, May 10th 2022 Click here for NZSA Assessment and Voting intentions The downside of a virtual-only meeting with board and officers geographically spread was illustrated as we waited 11 minutes while chairman, Mike Allen’s, audio link was fixed. The delay gave everyone time to read the addresses of Mr…
Read more
Ventia Services Group Annual Meeting Report, May 5th 2022 Click here for NZSA Assessment and Voting intentions Ventia has only a secondary listing on the NZX, since its IPO in November 2021, but has expressed interest in expanding its register in NZ and has a significant presence in 30 major projects throughout the country. NZSA…
Read more
Radius Residential Care Limited Special Meeting Report, May 5th 2022 Click here for NZSA Assessment and Voting intentions The purpose of the meeting was to approve the purchase of four care facilities currently leased by the company, the lease with a right to purchase of a fifth facility and the funding arrangements. The four pillars…
Read more
Summerset Group Holdings Annual Meeting Report, April 27th 2022 Click here for NZSA Assessment and Voting intentions I am tempted to say, just read my report on last year’s meeting and go “ditto.” But then, why change a model that seems to be working well? could be Summerset’s motto – just fine-tune as required. The…
Read more
