LIC has announced that Chairman Murray King will retire from the Board at the Annual Meeting on 12 October 2023, after completing his current term.
A successor has been appointed to take his place.
Shareholders and media can contact LIC for further information.
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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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