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PGG Wrightson chairman quits

Controlling shareholder walks away as SEC probe nears conclusion.

Tim Hunter
Mon, 29 Oct 2018

The chairman of NZX-listed PGG Wrightson has resigned on the eve of its annual meeting amid minority shareholder opposition to the planned $421 million sale of its flagship seeds division.

In a statement to the NZX Guanglin “Alan” Lai, who controls 50.2% of PGG Wrightson through Cayman

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Tim Hunter
Mon, 29 Oct 2018
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