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- Release Date: 07/05/12 18:31
- Summary: MEETING: CDI: CDI - Notice of Meeting (2012 Annual Meeting)
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CDI
07/05/2012 16:31
MEETING
REL: 1631 HRS CDL Investments New Zealand Limited
MEETING: CDI: CDI - Notice of Meeting (2012 Annual Meeting)
CDL INVESTMENTS NEW ZEALAND LIMITED
NOTICE OF ANNUAL MEETING
Notice is given that the Annual Meeting of CDL Investments New Zealand
Limited ("the Company") will be held in the Copthorne 1 Room of the Copthorne
Hotel Auckland Harbourcity, Auckland, 196-200 Quay Street, Auckland, New
Zealand, on Tuesday 22 May 2012 commencing at 10.00am.
BUSINESS
--Chairman's Introduction
--Managing Director's Review
--Resolutions
1 To re-elect director
In accordance with the Company's Constitution, the following director retires
by rotation and, being eligible, offers himself for re-election.
Rob Challinor
(See Explanatory Notes for profile)
2 To re-elect director
In accordance with the Company's Constitution, the following director retires
by rotation and, being eligible, offers himself for re-election.
Vincent Yeo
(See Explanatory Notes for profile)
3 Auditors' Remuneration
To consider and, if thought fit, pass the following resolution as an ordinary
resolution:
"That the Board of Directors be authorised to fix the auditors'
remuneration".
(See Explanatory Notes)
4 General Business
By Order of the Board
Takeshi Ito
Company Secretary
7 May, 2012
PROCEDURAL NOTES
Proxies and Corporate Representatives
Shareholders entitled to attend and vote at the Annual Meeting may appoint a
proxy or representative (in the case of a corporate shareholder) to attend
and vote on their behalf. A proxy need not be a shareholder of the Company.
Proxy forms must be received at the office of the Company's share registrar,
Computershare Investor Services Limited, 159 Hurstmere Road, Takapuna or
Private Bag 92119, Auckland 1142, New Zealand (or fax +64 (9) 488-8787) by
10.00am on Sunday 20 May 2012. An instrument appointing a proxy is enclosed
with this Notice.
All resolutions are ordinary resolutions and must be passed by a simple
majority of the votes of those shareholders entitled to vote and voting on
the resolutions.
EXPLANATORY NOTES
Resolution 1- Re-election of director:
Rob Challinor
Appointed to the Board in 2005. Mr. Challinor has over 25 years' experience
as a director of numerous public and private companies. Mr. Challinor has
been a partner in Deloitte and worked as a corporate finance advisor and was
most recently a partner and director of investment bankers Northington
Partners Limited and a non-executive director of The Warehouse Group Limited.
He is a Fellow of the Institute of Directors and a Fellow of the New Zealand
Institute of Chartered Accountants.
The Board has determined that Mr. Challinor is an Independent Director as
defined under the NZSX Listing Rules.
The Board unanimously recommends shareholders vote in favour of the
re-election of Mr. Challinor.
Resolution 2 - Re-election of director:
Vincent Yeo
Non-executive Director of the Company since June 1994. Mr. Yeo is Chief
Executive Officer and Executive Director of M&C REIT Management Limited.
From 1993 to 1998, he was Managing Director of CDL Hotels New Zealand Limited
(now Millennium & Copthorne Hotels New Zealand Limited) and CDL Investments
New Zealand Limited. He previously also served as an Executive Director of
Millennium & Copthorne Hotels plc in London and President, Millennium &
Copthorne Hotels Asia Pacific Region.
The Board unanimously recommends shareholders vote in favour of the
re-election of Mr. Yeo.
Resolution 3 - Auditors' Remuneration:
KPMG are the existing Auditors of the Company. KPMG are automatically
reappointed as Auditors under section 200(1) of the Companies Act 1993. This
resolution authorises the Board to fix the fees and expenses of the auditors
in accordance with section 197 of the Companies Act 1993.
The Board unanimously recommends shareholders vote in favour of this
resolution.
End CA:00222616 For:CDI Type:MEETING Time:2012-05-07 16:31:06
