World's No # 1 Sovereign Wealth Fund Voted For Westpac Board Spill...
2019 AGM: US$1 Trillion Norwegian Sovereign Wealth Fund-World's Largest-With US$699m Invested In WBC Voted:
1. Against Remuneration Report
2. Against Reappointment of Directors Nerida Caesar & Peter Marriott
3. For The Board Spill MotionFor the record, NSWF got voted down by Aussie Employee-Based Super Funds.
Major Article:
https://www.theaustralian.com.au/
What's does NSWF Actions/Voting Reveal--at least to me:
* There are some very smart cookies-even if they're Norwegian-who agree with me,
* That WBC's performance on all fronts is pathetic, warrants a massive clean-out of current Directors,
* WBC 2019 AGM Voting is only post-phoning the inevitable: Shareholder Voting Troubles For WBC Board are just beginning,
*
NSWF is highly likely to sell-off its WBC equity...sooner rather than later!DYOR...
(20min delay)