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George Adams: Synlait chairperson on the company's shareholders voting in favour of $130 million loan episode artwork

EPISODE · Jul 11, 2024 · 4 MIN

George Adams: Synlait chairperson on the company's shareholders voting in favour of $130 million loan

from Best of Business · host Newstalk ZB

Synlait Milk will live to see another day after winning shareholder approval for a last-minute loan. The shareholders have approved the company taking out a $130 million loan from Bright Dairy, after a nail-biting waiting period. Synlait chairperson George Adams is 'relieved' the vote worked out. "It wasn't close at all, actually. We had 99.6 percent of our shareholders voting in favour. So it was a landslide." LISTEN ABOVE See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Jul 11, 2024

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George Adams: Synlait chairperson on the company's shareholders voting in favour of $130 million loan

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