At Cooks Coffee Company's Annual Meeting of Shareholders yesterday, shareholders voted on five resolutions.
Four of the resolutions were approved, however the resolution to re-elect Mr Kiang Kui was not approved.
As a result, Mr Kui has now ceased to hold office as a director of the Company.
Final voting figures are available upon request.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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