Powerhouse Ventures wants more information after HydroWorks' board resignations

Tue, 01 Aug 2017

By Rebecca Howard Aug. 1 (BusinessDesk) - Christchurch-based technology incubator Powerhouse Ventures is seeking more information after investee firm HydroWorks was left with no directors. Powerhouse halted trading of its ASX-listed shares yesterday following the resignation of Andrew Rodwell as managing director as the move appeared to leave the company without any directors after chairman Chris Laurie resigned as a director on Sunday. Powerhouse has a 24 percent stake in HydroWorks. Rodwell does remain chief executive. "We are disa...

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