AGM 2024

Distinction Hotel

On Saturday November 9th, 70 shareholders/ owners and whanau packed out the conference room for a very positive and lively AGM. Our hui began at 10.30am with a karakia and tribute to the late Kingi Tūheitia by Kaumatua Mana Forbes and concluded at 4pm with a karakia and waiata, beautifully executed by committee members Stacey Whitiora and Dallas Seymour.

Chairman Wayne Brewer delivered his report- highlighting the successes of TKI over the past 26 years and presented Brendon Green with a Pounamu Taonga in recognition of his 18 years’ service on the Committee of Management.

Brendon’s legacy is his work on a Minerals Project which is currently paused for a variety of reasons.

Other reports positively presented and accepted were-

Financial, John McRae ( Deloittes)

Property and Investment. Property Manager Wayne Brewer.

Forestry including harvesting update. Lees Seymour and John Forbes.

Health and Safety and Website Report , Kenneth Riddell.

Land swap. Detailed by John Forbes and duly approved.

Cultural and strengthening Governance - Dallas Seymour and Stacey Whitiora.

Election of Committee of Management.

By rotation Stacey Whitiora and Kenneth Riddell were re-appointed.

Brendon Green stood down and Nicole Brewer was nominated and appointed, unopposed.

Nicole’s whakapapa is to Ngati Mahuta and Ngati Hikairo. She is the great-great-granddaughter of Takutai Falwasser (née Tamaki).

Welcome Nicole.

Nicole will round off a very professional team. Her background is in commerce with a B Com from Auckland University and a career mainly in tourism and aviation (Air NZ, operations 8 years and Emirates). She is currently CEO of Rotorua Airport.

General Business generated some lively but positive debate on a number of issues particularly CoM remuneration which had not been reviewed since 2018. The CoM put in far more hours than what they are compensated for.

TKI has a very exciting future with a number of projects under consideration which will only come to fruition after careful management and due diligence.

Watch this website for updates.

Nga mihi nui

Wayne Brewer

TKI Chair.