Dairygold SGM to discuss operations

DAIRYGOLD has called a special general meeting for January 12 to ask shareholders to vote for transferring non-milk operations to a separate company.

In a second vote they will be asked to amend the co-op rules to facilitate the restructuring.

This could be the first step in an initial public offering (IPO) of shares in the consumer, 4Homes and property interests of the cooperative.