NZ Shareholders Association calls for would-be Rakon chair to be removed as director

NZ Shareholders Association calls for would-be Rakon chair to be removed as director
The Shareholders Association seeks change at Rakon. (Image: ESA / M. Pédoussaut)
Staff reporters
Sparks are flying over the future governance of tech firm Rakon after the New Zealand Shareholders’ Association (NZSA) proposed a significant constitutional change and called for key investor and would-be chair Brent Robinson to be removed as a director.But Robinson fired back that NZSA’s resolutions weren’t so much about improving governance as they were a tactical play to cement influence under the guise of reform.“What’s proposed is neither neutral nor fair,” he said when approached by BusinessDesk for a r...

More Markets

Locate Technologies posts quarterly loss ahead of NZX listing move
Markets

Locate Technologies posts quarterly loss ahead of NZX listing move

Locate will be providing New Zealand’s first listed bitcoin treasury.

An updated recap: Fonterra’s $4.2b Mainland sale
Primary Sector

An updated recap: Fonterra’s $4.2b Mainland sale

Today's the day the sale will get the blessing of farmers.

The ‘Aussie Premium’ baked into NZX stocks
Opinion

Brian Robins: The ‘Aussie Premium’ baked into NZX stocks

New Zealand entities launching in Australia have clear benefits.