Infratil seeks fourth annual increase in fee pool for board

Tue, 23 Jul 2013

By Tina Morrison July 24 (BusinessDesk) – Infratil, New Zealand’s largest publicly listed infrastructure investor, wants to increase the pool of fees for its directors by 2.3 percent and also raise fees for directors of some subsidiaries. The company will ask shareholders at its annual meeting in Wellington next month to increase the fee pool for its directors to $721,215, from $705,000. It will also seek approval to hike director fees at some of its airport, energy, billboard and public transport companies. Infratil is seeking a fourth ann...

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