Bright dairy director issues call for a2 relationship rebuild as loan vote passed

(Image: NZME)

Thu, 11 Jul 2024

Thu, 11 Jul 2024

Synlait's largest shareholder has sent a public message to The a2 Milk Company, calling on the two companies to "reignite their collaboration".Synlait shareholders voted today to approve a $130 million loan from a Bright Dairy subsidiary so it can pay a $130m debt due on July 15.The resolution went through with 99.59% in favour, with total votes cast representing 48% of total issued capital.Julia Zhu, who is a Bright Dairy appointee on the New Zealand dairy manufacturer’s board, said in her address to Synlait’s shareho...

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