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Myer responds to Lew: Premier s threatened route of calling an EGM is not in the best interest

Close× Myer responds to Lew: Premier’s threatened route of calling an EGM is not in the best interest By Imogen Bailey | 3 August 2021 Myer has responded to Premier Investments requests, issued this afternoon.  Premier Investments chairman Solomon Lew, today publicly requested that Myer release its FY21 results so that its prospective directors could consider the opportunity to join the board.  The business also requested that Myer give an appropriate window of opportunity after the release of the company’s results before calling this year’s annual general meeting (AGM).  Premier also stated that if Myer did not agree to this request, Premier would have no alternative but to requisition an extraordinary general meeting (EGM) in close proximity to the Company’s AGM.

Premier wants the Myer FY21 results released immediately

Premier wants the Myer FY21 results released immediately By Imogen Bailey | 3 August 2021 Premier Investments chairman Solomon Lew is calling on Myer to immediately update the market on its expected FY21 results, so prospective new board members have time to consider the opportunity before the annual general meeting (AGM).  According to Premier, it is in conversation with several highly-regarded and well-credentialed independent non-executive directors, but wants to allow them time to mull over the opportunity to join the Myer board with the retailer s FY21 results in hand.  To avoid calling an extraordinary general meeting (EGM) before the AGM to appoint the new board members – of which Premier expects will comprise of an independent chairman and two Premier nominees – Premier has written to Myer s acting chairman to request an appropriate window of opportunity after the release of the company’s results before calling this year’s AGM. 

JobKeeper: Treasurer Josh Frydenberg dodges review of JobKeeper waste

JobKeeper: Treasurer Josh Frydenberg dodges review of JobKeeper waste
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

ASX stocks: How to find treasure in the sharemarket s trash

ASX stocks: How to find treasure in the sharemarket s trash
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

Footwear retailer Accent stands down staff after running out of excess JobKeeper

Footwear retailer Accent stands down staff after running out of excess JobKeeper We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement The chief executive of national footwear retailer Accent Group has said he had no choice but to cut hours and stand down staff after running out of the $10 million in excess JobKeeper funds set aside to support staff during future lockdowns. Accent Group, which operates brands such as Platypus, Hype, and Skechers, told its full-time employees yesterday they would be either stood down without pay or put on 15 hours per week to fulfil online orders until lockdowns in Sydney, Melbourne and Adelaide ended.

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