South Africa's Sasol said on Wednesday its board agreed to a 20% cut in the fees proposed for approval at its 2020 annual general meeting due to erosion of shareholder value over the past two years and challenges still facing the petrochemical firm. The fee reduction will remain in place until a revised fee proposal is considered by shareholders at Sasol’s 2021 AGM, Sasol said.
from Engineering News | Home https://ift.tt/36IETuB
