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You are in Direct - Listed Equity Active Ownership » (Proxy) voting and shareholder resolutions » Outputs and outcomes
Perennial analysts continue to monitor all situations where it does not vote with management. If appropriate we will contact the board directly with our concerns to bring them to their attention.
Director Independence (Imdex Limited)
Promote new independent board members.
Engaged with company and voted against the re-election of a director.
We voted against the resolution as the fees paid to a firm associated with Kevin Dundo make him an affiliate, we would prefer more independence
To promote shareholders rights.
We voted against this proposal given this is not in shareholder’s interests as it would allow them to issue preference shares etc without shareholder approval, especially since the Board has a bad habitat of signing off on non-core acquisitions ie Dairy Farms, Mining camps