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Waterco Acknowledges Related Party Lease Breach, Eyes Shareholder Approval
6:01pm on Friday 20th of June, 2025 AEST
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Manufacturing
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Waterco Acknowledges Related Party Lease Breach, Eyes Shareholder Approval
6:01pm on Friday 20th of June, 2025 AEST
Key Points
Historical breach of ASX Listing Rule 10.1 due to related party leases
Leases with Mint Holdings exceed 5% of Waterco's equity without prior approval
Independent market assessments and non-interested director approvals were obtained at the time
Waterco to seek shareholder approval at 2025 AGM to remedy breach
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