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TGH followed this in August by investing in Go

Bus, a national bus operator with a strong market

position in major centres throughout the country.

TGH once again teamed up with Ngaai Tahu in this

purchase, opting to buy a third, with Ngaai Tahu

holding the remaining shares.

Freeing up capital from existing building

developments will continue to be a focus in the

year ahead. The funds freed up through this will be

re-invested in higher returning areas and to expand

our primary sector investments to generate more

jobs for Waikato-Tainui tribal members.

TGH has also been very engaged in the wider life

and well-being of the Tribe. It has worked closely

with Te Arataura to align strategic priorities and

has supported other arms of the tribe with, for

example technical expertise for the review of

Governance and Representation and other social

and environmental projects.

We would like to acknowledge and pay tribute to

long serving employees Mike Pohio (CEO) and

Nathan York (General Manager Property) who left

TGH during the year after helping it establish a

strong platform for the future.

The employee team at TGH is also thanked for

their support and understanding during a year

of considerable change. TGH looks forward to

building on our collaborative work with the Office

of the Kiingitanga and all the arms of Waikato-

Tainui in the year ahead.

acknowledgements

We would like to acknowledge and pay tribute

to long serving employees Mike Pohio (CEO)

and Nathan York (General Manager Property)

who left TGH during the year after helping it

establish a strong platform for the future.

Chris Joblin

Acting Chief Executive Officer

Sir Henry van der Heyden

Chairman

TGH Staff at the Tuurangawaewae Marae Poukai - 18 March 2015

17

waikato-tainui

annual report 2015