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LIC chairman Murray King with LIC secretary Gillian Brennan.
A result on LIC’s share simplification vote will be known by 2pm today.
The cooperative's special general meeting has just ended in Hamilton. Votes are being counted.
LIC needs 75% support to pass the resolution to have one class of shares.
Currently it has two class of shares: investment shares, which have access to dividends but no voting rights, and cooperative control shares, which have voting rights but no access to dividends.
LIC chairman Murray King told the 50 people at the meeting that the cooperative has to change.
King says the cooperative needs a fair system for all class of shareholders. The voting results will be released to NZX at 2pm.
A hypothesis in a major dairy research programme that bulls genetically proven to be low methane producers could pass this trait onto their lactating daughters has been proven to be incorrect.
Herd improvement company LIC has entered the Indonesian market.
Livestock Improvement Corporation (LIC) and the Ag Emissions Centre have completed the latest phase of a mult-year methane research project, providing important insight into the role genetics may play in reducing gross emissions.
Farm software outfit Trev has released new integrations with LIC, giving farmers a more connected view of animal performance across the season and turning routine data capture into actionable farm intelligence.
Herd improvement company LIC has posted a 5.2% lift in half-year revenue, thanks to increasing demand for genetics.
New Zealand and the European Union are closer than ever.
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DairyNZ chief executive Campbell Parker says the winners of this year’s New Zealand Dairy Industry Awards are leading the way in productivity, sustainability and profitability.
A dinner, debate and auction event with a difference held for the first time in 2025 is back by popular demand to celebrate the start of Fieldays 2026.
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