Letter to Shareholders
Highlands Pacific advises that it has released a letter to shareholders to the ASX market at 11.33 AEDT.
We are writing to you because one of our shareholders, PanAust Ltd, a wholly-owned subsidiary of the Chinese government owned Guangdong Rising Assets Management Co Ltd (GRAM), has requisitioned a special meeting of Highlands Pacific Ltd, seeking to replace four of your five independent non-executive directors with three of its own nominees.
Download link to a copy of the full letter to shareholders is below.