Colonial Motor Company fights back against NZSA

NZSA made a number of factual errors that went uncorrected, says Colonial (Image: Getty)

Thu, 09 Nov 2023

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The 5th oldest company listed on the New Zealand stock exchange has fought back against claims made by the NZ Shareholders Association backing its intention to vote against its AGM resolutions seeking greater disclosure.In a media release, the Colonial Motor Company's chair, Ashley Waugh, said it was disappointing, considering his willingness to engage with the NZ Shareholders Association (NZSA).“Unfortunately, in their haste to publish a report to its members, NZSA made a number of factual errors which were pointed out to them pre-pu...

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