In a highly unusual move, Astral Foods, SA’s biggest poultry producer,  blasted shareholders for symbolically rejecting its remuneration report,  saying the vote was inexplicable and inconsistent.

At an annual shareholders’ meeting on Thursday,  58% of eligible shareholders voted against the report — which details the pay and perks given to executive directors in the year under review — triggering a JSE rule that would require it to take steps to address their concerns...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now