NZSA says Vital Healthcare's manager is overstepping the mark

Mon, 17 Dec 2018

By Jenny Ruth Dec. 17 (BusinessDesk) - Vital Healthcare Property Trust’s manager appears to be overstepping the mark in trying to sway investors into supporting the manager’s resolutions and voting against those proposed by rebel investors, according to the New Zealand Shareholders’ Association. NZSA “has heard from some unitholders in Vital who have had phone calls from representatives of the trust or its manager, not just asking whether they have voted but also how and why,” it said in a statement. “At least one unitholder was told t...

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