Southern branches urged for shareholders' advocacy group
Tuesday 20 April 2004
The hunt is still on for a core group of people to set up a South Island shareholders' advocacy group.
By The LandlordThe Shareholders' Association said late last year that it was trying to drum up enough support from southern investors to set up branches in Christchurch and Central Otago.
While some expressions of interest had been received, the association's chairman, Bruce Sheppard, said it did not yet have enough to establish a branch.
"We need someone to step up to the plate and set up a branch down there," he said. "[Membership] is good overall but we do need more support."
Sheppard has previously urged shareholders to start behaving like partial owners of the companies they have invested in.
Read More - Opens in a new window
Commenting is closed
Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.
Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.
Heartland has expanded its reverse mortgage business and will now lend against investment properties and second homes, as the product becomes more popular in New Zealand.