Fund manager Allan Gray follows through on threat to vote against the re-election of directors as shareholder questions ‘selective leaking’ of news to Australian journalists.
SkyCIty’s $240m capital raise in August was a ‘difficult, but necessary’ decision, said chair Julian Cook.
A threatened protest vote at SkyCity’s annual meeting has materialised, with significant voting against the re-election of directors Kate Hughes and Glenn Davis.
Big institutional shareholder Allan Gray Australia, with a 14% stake, said in August it would “consider exercising our votes