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NPT safe from Augusta veto, says chairman

External management contract will have protections for property company's shareholders.

Tim Hunter
Wed, 06 Dec 2017

Minority shareholders of property company NPT have been given an assurance they will not be held to ransom by Augusta Capital under a new external management contract proposal.

Under an outline of the proposal announced to the NZX Augusta would pay $4.5 million to NPT for its management

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Tim Hunter
Wed, 06 Dec 2017
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NPT safe from Augusta veto, says chairman
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