By SIMON HENDERY
Sky City's board has won near-unanimous shareholder approval to raise directors' fees.
At the casino company's annual meeting on Wednesday, the board asked shareholders to approve an effective 41 per cent rise in the fees, which it said was necessary to attract a quality mix of directors.
After vote-counting was completed, the company told the Stock Exchange yesterday that at least 95 per cent of voters favoured the increase.
The six non-executive directors will now receive $10,000 in share options on top of the $40,000 cash payment they received last year.
Chairman Jon Hartley will be paid $80,000, plus an extra $20,000 in share options, and $50,000 will be available for extra work carried out by directors during the year.
Sky City shareholders okay fees rise
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