other material
confidence high
sentiment neutral
materiality 0.55
Shareholders approve reincorporation to Delaware; company sells 50-acre parcel for $2M
MAUI LAND & PINEAPPLE CO INC
- All five director nominees elected (Case, Haruki, Heenan, Takitani, Tokin) with >14M votes each; broker non-votes ~2.4M.
- Non-binding say-on-pay approved: 14.6M for, 807K against, 30K abstain.
- Reincorporation from Hawaii to Delaware approved: 15.2M for, 88K against, 31.5K abstain.
- Completed sale of 50-acre Upper Kahana parcel (Pulelehua) to County of Maui for $2M; intended for regional park.