Arvida Group Limited (Arvida) advises that the existing directors of Arvida have resigned effective today following the scheme of arrangement with Stonepeak Alps BidCo Limited (Stonepeak) being implemented.
As Arvida’s sole shareholder, Stonepeak has appointed a new Board of directors for Arvida as follows:
• William (Bill) McDonald, independent director
• Darren Keogh, Senior Managing Director, Stonepeak
• Yuexin (Peter) Han, Principal, Stonepeak
The Board will be chaired by Bill McDonald who has extensive health and aged care industry experience, and was previously Chief Executive of Arvida.
– Ends –
Shares rise on new contract news.
Genesis Energy has approved the construction of the Edgecumbe Solar Farm in the Bay of Plenty, marking its second major solar commitment in as many months.The company made a final investment decision (FID) on the 136 megawatt peak (MWp) farm, clearing the way for work to begin sh...
Management expects Mighty Ape to return to profitability in the second half of FY26.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details