Brickworks Limited
(ASX:BKW) has reached an agreement with Perpetual Investment Management and MH Carnegie & Co to postpone an adjourned general meeting of shareholders until April 10.
A meeting called by Perpetual and Carnegie in November last year was adjourned until February 28, so that Brickworks’ shareholders were informed about the resolutions put to that meeting.
However, the independent board committee of Brickworks says shareholders will be in a better position to consider that information by postponing the meeting until April.
Brickworks previously recommended shareholders vote against a $2.2 billion proposal to unwind its cross-ownership structure with Washington H. Soul Pattinson and Co Limited
(ASX:SOL).
Brickworks generated a net profit of $85.2 million in fiscal 2013.
