Vital Healthcare blames covid-19 for delayed restructuring vote

Tue, 31 Mar 2020

Vital Healthcare Property Trust chair Bernard Crotty adjourned today’s special meeting of unitholders until Thursday, citing covid-19 related issues. In a statement, the company said the meeting was adjourned for 48 hours as “several stakeholders" requested more time to prepare to participate in the virtual meeting, held as a result of covid-19 considerations. The key agenda item was a proposal to restructure the trust, which would effectively separate Vital’s New Zealand and Australian investments into two separate holding vehicles, with...

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