UPDATE: NZ Shareholders Association wants to reduce Robinson influence on Rakon

Mon, 01 Aug 2016

(Adds Rakon response in 10th par, share price close in the 11th par) By Tina Morrison & Edwin Mitson Aug. 1 (BusinessDesk) - The New Zealand Shareholders Association wants to reduce the influence of Rakon's founding Robinson family on the listed high-tech components manufacturer, to improve its performance. The association will oppose the re-election of executive director Darren Robinson, son of the company's founder Warren Robinson, at the company's Sept. 16 annual meeting and plans to write to all shareholders seeking proxy support f...

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