Comvita to seek deeper pool for directors' fees at AGM

Wed, 25 Jul 2012

By Paul McBeth July 25 (BusinessDesk) - Comvita, which makes products based the virtues of honey, will ask shareholders to approve a deeper pool of fees for directors to draw on at tomorrow's annual meeting. The Te Puke-based company wants to raise the maximum aggregate fees payable to $400,000 from the current $300,000, it said in its notice of meeting. If Comvita gets sign-off on the increase, it will raise fees over the next two years, and will also cover the addition of a sixth director if need be. "The proposed additional directors' r...

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