NZ Shareholders' Association supports Kiwi Property deal for NPT

Thu, 13 Apr 2017

By Rebecca Howard April 13 (BusinessDesk) - The New Zealand Shareholders' Association says a property deal between Kiwi Property Group and NPT comes down to certainty with some known negatives versus the significant uncertainty about NPT's future under the status quo, and the investor lobby will vote discretionary proxies in favour of the proposal. The commentary was sent to NZSA members ahead of an NPT special meeting scheduled for April 21 where shareholders will be asked to vote on approving the deal, which includes buying two buildin...

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