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