PGG Wrightson board rolls chair, circles wagons
Independent director Garry Moore elected as chair as overseas shareholder seeks to reinstate former banned director.
PGG Wrightson's 44.3% shareholder Agria Corporation as requested a special meeting to replace the board.
NZX-listed PGG Wrightson, facing a boardroom coup by former banned director Guanglin “Alan” Lai, has dumped Lai’s representative U Kean Seng from the chair and replaced him with independent director Garry Moore.
In a statement to the NZX this afternoon, the farming services company said its
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