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clock Created with Sketch. 08/12/20
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Originally posted by usc75
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Tks for enlightenment...now for some further background for HC investors as to 2019 AGM: Here's my notes...World'sNo # 1 Sovereign Wealth Fund Calls For Westpac Board Spill? 2019AGM: US$1 Trillion Norwegian Sovereign Wealth Fund (NSWF)-World's Largest-With US$699mInvested In WBC Voted: 1.Against Remuneration Report 2.Against Reappointment of Directors Nerida Caesar & Peter Marriott 3.For The Board Spill Motion NSWFTrustees are highly reputable Norges Bank. NSWFgot voted down by Aussie Employee-Based Super Funds. UnderMaxsted-Hartzer-King Reign, WBC Investors: *2015-2019 Lost $50bn Wealth Due To Share Price Carnage *2019-20 Lodged 8 Investor Class Actions So Far: 1 In OZ; 7 In USA *2019-20 Face $ Multi-Billion Regulator AUSTRAC Court Case *2015-20 Have Been Duped, Lied To By Directors & Auditors in Past 5 YearAnnual Reports *Suffer From Public Enquiry Into Role Of WBC's Auditors-PwC *WBC Ex-CEO's Brian Hartzer & CEO Peter King Named Personally As DefendantsIn CA Court Cases. WestpacDirectors Personally Face Severe Civil & Criminal Court Cases FromFinancial Regulators & Investors. With More From Customer's To Come. PMScott Morrison Gave His Promise To 25m Aussies In Parliament on 5th Dec 2019.If He Fails To Deliver Will Face Charges Of Misleading Parliament. NSWFIs 100% Right!
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Not really sure what you are trying to suggest, however simple facts are that in 2019 the remuneration report was passed 64% to 36% while the spill motion was rejected 91% to 9%, so by and large most sig holders did Not support a spill.. Copy of results attached.
Last edited by
pe981 :
08/12/20
(20min delay)