First meeting for KCE company
An extraordinary general meeting of shareholders in King Countiy Energy Limited was held on Friday, marking the first official act of the new company, which replaces the King Country Electric Power Board. The share-holders, the King Country Electricity Trust, ratified the appointment of the five directors appointed by the Minister of Energy and then confirmed a lengthy list of procedural resolutions required under the Companies Act. Board chairperson Ken Street and deputy chairperson Gordon Gower were elected chairperson of directors and deputy respectively, while Trust chairperson Ian Strachan was reconfirmed in this position. The share-holders also approved an increase in the capital of King Country Energy Limited from the nominal $100 shares to 15 million $1 shares. The first directors
meeting for King Country Energy Limited is set down for 16 July, after the Order in Council is signed by Governor-General Dame Catherine Tizard approving the establishment of the company. Vesting date, when all of the assets of the King Country Electric Power Board become the property of King Country Energy Limited, is 30 June.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/RUBUL19930622.2.26
Bibliographic details
Ngā taipitopito pukapuka
Ruapehu Bulletin, 22 June 1993, Page 7
Word count
Tapeke kupu
180First meeting for KCE company Ruapehu Bulletin, 22 June 1993, Page 7
Using this item
Te whakamahi i tēnei tūemi
Ruapehu Media Ltd is the copyright owner for the Ruapehu Bulletin. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ruapehu Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in