Original article by Sarah-Jane Tasker
The Australian – Page: 17 & 21 : 18-Oct-18
Tabcorp Holdings’ remuneration report was rejected by 40.4 per cent of shareholders at its 2018 annual meeting. Tabcorp chair Paula Dwyer attributes the high protest vote to factors such as the wagering group’s decision to terminate its Sun Bets joint venture in the UK and a record fine of $45m for breaching anti-money-laundering and counterterrorism financing laws. Dwyer has also accused proxy advisers of providing misleading information to investors about Tabcorp, and says shareholders should engage directly with the company rather than via such advisers.
TABCORP HOLDINGS LIMITED – ASX TAH, SUN BETS, NEWS CORPORATION – ASX NWS, TATTS GROUP LIMITED – ASX TTS, CALTEX AUSTRALIA LIMITED – ASX CTX, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, AUSTRALIAN FEDERAL POLICE, AUSTRALIAN SHAREHOLDERS’ ASSOCIATION