Differing opinions between Moon Lake owner, directors and VDL Farms’ chief executive over how the business should be run led to a mass resignation on Tuesday. “The non-executive directors are concerned that proper governance arrangements are not being considered in a proposed restructure of the company’s business interests in Tasmania by sole owner and Moon Lake chairman Mr Xianfeng Lu,” Dr Crean said in a statement.
Name: Keith Sutton
Company: Moon Lake Investments Pty Ltd
Announcement Date: April 23, 2018, 10:00pm
Resignation Date: April 23, 2018, 10:00pm