Vital's manager swings the votes amid investor discontent

Thu, 20 Dec 2018

By Jenny Ruth in Auckland Dec. 20 (BusinessDesk) - Vital Healthcare Property Trust's manager easily defeated the election of a director proposed by rebel investors and five other resolutions with the weight of the manager's 24 percent holding in Vital cementing its victory, at least on the proxies held by chair Claire Higgins. The annual meeting, which began at 2pm, was still going late this afternoon and the total vote count has yet to be announced However, the manager, Canada-based NorthWest Healthcare Properties Management, faced a...

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