Original article by Sue Mitchell
The Australian Financial Review – Page: 13 & 18 : 28-Nov-18
Furniture and consumer electronics retailer Harvey Norman incurred a "first strike" against its remuneration report at its AGM on 27 November. It will face a board spill in 2019 if a sufficient number of shareholders vote down the remuneration report again. Chairman Garry Harvey was not very happy about those who have criticised it over various issues, including the independence of its directors and loans to franchisees. Commenting on its share price, which has by fallen 22 per cent in 2018, Harvey said it presents a good opportunity for Harvey Norman to be privatised.
CORPORATES
HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, DEUTSCHE BANK AG, UBS HOLDINGS PTY LTD