The 94th annual meeting of shareholders of The Colonial Motor Company Limited
was held in the company''s registered office at 89 Courtenay Place in
Wellington today, 2 November 2012.
Jim Gibbons, chairman of the board of directors, addressed the meeting on the
performance of the company and its subsidiaries during the year to 30 June
2012 and subsequently. The full text of the speech is attached.
The following resolutions were passed.
1. To re-elect Peter John Aitken as a director of the company
2. To re-elect Graeme Durrad Gibbons as a director of the company
3. To authorise an increase in the annual remuneration payable to Directors
from $225,000 to $255,000 with effect from 1 July 2012
4. To record the on-going appointment of Grant Thornton as auditor of the
company and to authorise the directors to fix the auditor''s remuneration
End CA:00229267 For:CMO Type:MEETING Time:2012-11-02 11:58:50