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Quintis opposes requisition

Troubled sandalwood producer Quintis says its board intends to advise shareholders to vote against a series of resolutions to spill the board, while also announcing a one week extension on its forbearance agreement.

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Burleigh Waters Qld
As a long-suffering shareholder I won’t need much persuasion to vote for change, especially if the growers are in favour.

This has to happen for long-term shareholders like me. The company needs leadership from people who understand the sandalwood industry; the current board clearly does not.

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WA Revenue most recent financial year

21st-Forest Products Commission$114.1m
22nd-Delroy Orchards$100.0m
23rd↓Quintis$97.4m
24th-Odeum Farms$70.0m
25th↓MG Kailis Group$69.9m
97 agribusiness ranked by WA revenue most recent financial year

Number of Employees

Share Transactions

23/03/17
$59k Bought
19/12/16
$0 Issued
02/09/16
$100k Bought
Total value as at the date of the transaction
Source: Morningstar

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