Vital manager's directors ignore their own board charter

Fri, 07 Dec 2018

By Jenny Ruth Dec. 7 (BusinessDesk) - The directors of Vital Healthcare Property Trust’s manager are insisting that they’re complying with their own board charter, even though it’s clear that isn’t true. The directors are also reiterating previous arguments as to why Vital’s investors should vote against a number of proposals put forward by three institutional investors, ANZ Investment Funds, Mint Asset Management and Accident Compensation Corp. Following public pressure from those investors, the manager, which is owned by Canada-based...

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