Leading Australian branded food business SunRice has completed its first round of the shareholder meetings as part of its Capital Structure Review (CSR).November 22, 2012 4:15am
SunRice held shareholder meetings in Finley, Leeton, Coleambally, Griffith, Wakool and Deniliquin last week.
The meetings were attended by shareholders and led by SunRice chairman Gerry Lawson (pictured), deputy chairman Mark Robertson, chief executive officer Rob Gordon, and independent director Grant Latta.
The meetings were an opportunity to discuss how SunRice can best meet the challenges and opportunities of the future.
They were conducted as a series of discussions. Shareholder feedback was actively encouraged and a wide range of well-informed comments were received, according to Mr Lawson , who also thanked shareholders for their participation.
‘‘Listening to our shareholders is tremendously important.
‘‘There are some complex issues to consider and our shareholders hold a range of views.
‘‘Until we have a good understanding of our shareholders’ aspirations it is far too early for the SunRice Board to propose solutions.
‘‘We are pleased at the response from our shareholders and the discussions that took place.
‘‘It is clear our shareholders are actively engaged on the future of SunRice and are keen to ensure the business is best able to deliver for stakeholders on a sustainable basis.
‘‘Shareholders have a good appreciation of the challenges facing the business, including the share structure, funding requirements, and the need for a paddy charter.
‘‘We are also receiving important feedback via the CSR website and shareholder hotline. I encourage shareholders to continue providing feedback via these channels, which can be on a confidential and anonymous basis if preferred,’’ he said.
The CSR website is http://capitalstructurereview.sunrice.com.au which includes an online feedback form. The shareholder hotline number is 1800
Further rounds of shareholder meetings will take place in 2013.
Thirty-five tonnes of tomatoes from Murchison's Vraca Produce was pelted at participants of Saturday's Tomato Battle in Melbourne.
Local football talent Dan Howe played well in his first game for reigning AFL premiership club Hawthorn last Thursday night.
A dairy cow has died from the disease anthrax in the Tatura region.
Motorists are encouraged to attend a safe plates day on Saturday, after police statistics showed 23 numberplates stolen from Echuca in the past year.
The inaugural Rochester Mural Festival is in full swing with hundreds of cars stopping to check out the talent.
Elusive small man re-signs with club
Federal Government contributes $200 000 towards strengthening historic timber bridge.
The NSW Coalition government will not waver in its approach to the Murray-Darling Basin Plan
Red balloons adorned fences, letterboxes and verandah posts across the district on Saturday as the community thanked its firefighters for keeping them safe.
Local sporting talent was celebrated at the Sports Star of the Year awards night last Thursday at Barooga Sports Club.
A court case site visit has lead to a brief closure of the Cobb Highway at Mathoura.
Fruit Growers Victoria plans to give fruit growers in Victoria more on-farm support as a result of its organisational restructure.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.