A2 Milk Co changes requirements for NZ directors ahead of ASX listing

Tue, 27 Jan 2015

By Fiona Rotherham Jan. 27 (BusinessDesk) - Shareholders of The A2 Milk Company, the milk marketing company, have approved a new constitution which allows a reduction in the minimum number of New Zealand-resident directors ahead of a planned dual listing on the ASX this quarter. Approval from at least 75 percent of shareholders was required to pass the resolution at a special meeting in Auckland today that took just five minutes from beginning to end. The Auckland-based company is now only required to have two rather than three directo...

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