SPECIAL RESOLUTION BALLOT VOTE RESULTS

TE HOUHOU

Nga mihi to all those whanau who voted on the Special Resolution in respect of Te Houhou Block development and sale.

Following are the verified ballot vote results as notified by the Chief Returning Officer, Hiria Solomon of Te Puni Kokiri, Rotorua.

159 Votes Approved the Special resolution

52 Votes disapproved the Special Resolution

5 Votes were cast invalid

The rule of the Constitution requires that 75% of the validly cast votes is required for a Major Transaction by way of special resolution.  The results of the vote has achieved this compliance.

The Board thanks the Chief Returning Officer for their availability.

 

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