July 2020 Update
Tēna koutou katoa,
In our monthly trustee hui, we work on a continual basis to further the strategic direction we have set for the trust. Those actions relate to these strategic directions, specifically:
2020 Annual General Meeting - 26 September, 10.00am - Tapuaeharuru Marae, Rotoiti
We seek the nomination of 2 trustees to increase the total number of trustees from 3 to 5. It was decided at the 2019 AGM to have an odd number of trustees to help decision making, in the event of a deadlock in voting.
Trustees are planning a special event for this particular AGM. Please do contact our trust Secretary, Martin Kinder to discuss the process to apply (email@example.com - 07 343 1056).
Financial Portfolio review
In preparation for our AGM and as an annual activity, at our June hui, trustees reviewed its diversified investment portfolio with Craigs Investment Partners.
Distribution Policies and Grant Approval
As a monthly hui activity, Trustees review the grant applications that come in for a range of things that are governed by our Distribution Policies. We ask all shareholders to please take advantage of this facility as it is always underutilised. As such, we are undertaking a review of our distribution policies in the wake of COVID-19 to improve the reach and effectiveness of assistance to shareholders.
Ngāti Tamateatutahi Land Trusts
Te Tahuna continues to work with Ngāti Tamateatutahi Land Trusts (Rotoma No. 1, Tautara Matawhaura, and Rotoiti 3v3) on an initiative that will collectively benefit our Kaumatua and Rangatahi. We are working to this being implemented in 2021.
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