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
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