Synlait chair urges minority shareholders to make their voices heard in crucial loan vote

Synlait chair urges minority shareholders to make their voices heard in crucial loan vote
Synlait chair George Adams says he doesn't regret taking the role and knew it would be a challenge. (Image: Synlait)
Rebecca Stevenson
Synlait chair George Adams says talks are continuing with its second-largest shareholder, a2, over how it will vote on a crucial $130 million loan.On Thursday, The a2 Milk Company and minority shareholders in the New Zealand Exchange (NZX)-listed dairy manufacturer will vote at a special general meeting on whether to accept the terms of the lifeline loan from major shareholder Bright Dairy.  More than 35% shareholder Bright Dairy is excluded from the July 11 vote. If the vote fails, Synlait cannot pay a large debt due on July 15 and c...

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