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MOV — Move Logistics News Story

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Brief: Bethunes Investments announces initiatives to lower costs

April 7 (Reuters) - Bethunes Investments Ltd  BIL.NZ  : 
    * To lower costs for year ahead, board appointed Christopher 
Swasbrook - chairman of bil with additional executive 
responsibilities 
    * New arrangement ceases director's fee paid to Swasbrook 
last year and contract with Elevation Capital Management for 
analytical services 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nNZWbNQ7R4 
Further company coverage:  BIL.NZ  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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