Ownership Update


“I sincerely thank John Beckingsale and Ian Edmondston, whom have now retired from the directorate, for their valued contribution to the company over many years.

I welcome Harry Rae and George Rae to the board as the Company now completes the transition from its historical “unlisted public company” status to that of a totally family-controlled investment and property ownership entity.

Harry Rae completed a Commerce degree at Canterbury University followed by a degree in Musical Arts, and is now working as a business analyst with NAB in Melbourne Australia. George Rae, after studying architecture, design and project management, is now undertaking a hands-on building apprenticeship with Pearson and Palmer Construction in Wellington.”

Excerpt from 2015 Annual Report

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