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Kangaroo Island Plantation Timbers Ltd takes board to full strength with two new directors

Kangaroo Island Plantation Timbers takes board to full strength with two new directors
The appointment of the new non-executive directors James Davis and Mitch Taylor follows the resignation of Graham Holdaway in May 2020 and John Sergeant in May 2021.
We welcome the additional capacity the new directors bring to the board at an important time for KIPT in its evolution, says chairman.
Kangaroo Island Plantation Timbers Ltd (ASX:KPT) has restored its board to full strength by appointing two new non-executive directors - James Davis and Mitch Taylor - following the resignation of Graham Holdaway and John Sergeant.
KPT believe both appointments bring significant skills to the board and will seek confirmation by shareholders at the company s next general meeting. ....

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FTSE 100 closes near session peak after strong bounce-back by Dow Jones

FTSE 100 closes near session peak after strong bounce-back by Dow Jones
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Kangaroo Island Plantation Timbers Ltd recommends 'take no action' on takeover offer

Kangaroo Island Plantation Timbers recommends ‘take no action’ on takeover offer
The unconditional offer at $1.05 cash per share was received this morning from Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
KPT shares have today traded as much as 7.7% higher to $1.13.
Kangaroo Island Plantation Timbers Ltd recommends that shareholders take no action in relation to an on-market takeover bid by Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
The unconditional offer at $1.05 cash per share was received this morning with KPT shares trading as much as 7.7% higher intra-day to $1.13. ....

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