Daily AGM Note 25 November 2015 - first strikes at Kimberley Diamonds, McAleese, Oilex, Troy Resources, Valence Industries; Goodman Group security holder dissent on grants to executive directors

Kym Sheehan

The Executive Remuneration Reporter

Only one of three resolutions put to shareholders passed at this morning's AGM for McAleese. Another issue evident today is when does a company incur a strike. I've previously discussed this issue in this note from 2014 (VIEW LINK) When you read today's note, scroll down to the other AGMs and compare the results for Hunter Hall Global Value Limited (all passed on a show of hands) with that of Troy Resources (passed on a show of hands but conceded a strike against the remuneration report). Some proxy voting positions really demand a poll to make the outcome clear. The Daily AGM Note for today is available at this (VIEW LINK) and updated throughout the day.

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Kym Sheehan
Kym Sheehan
The Executive Remuneration Reporter

With a background in human resources, executive search and corporate law, Kym Sheehan brings unique perspectives on corporate governance and meeting resolutions to her work for The Executive Remuneration Reporter. The Executive Remuneration...


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