Listed carpet maker Bremworth is preparing to call a special meeting requested by disgruntled shareholders representing 11.5% of the company’s capital, seeking to remove current directors and appoint new ones. The board, engaged in a strategic review, has attempted to engage with the shareholders to avoid disruption but faces resistance from the requesting shareholders, who want Robert Hewett as the new chair due to potential conflicts of interest. Further details on the meeting will be provided to shareholders in due course.
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Epsom home invaders say they were hired by MBI International Ponzi scheme victim
Two young men, Jordan Galuva’a and Ketisemami Tuivai, were sentenced to prison for participating in a burglary at a $5 million Epsom home, allegedly as part of a misguided vigilante plot linked to an $8 million pyramid scheme. The burglary occurred while a university student was home alone, and the judge emphasized that retribution outside the legal system is unacceptable, regardless of any prior wrongdoing by the homeowner. Need More Context? 🔎
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