Press Release

Meeting convenor Gary McGill said the PGA had first discussed demutualisation of CBH with then Chairman Alan Watson in the late 1990’s.

“Since then, every equivalent grain organisation in Australia has restructured and made ready for major changes to the industry, while CBH flounders in costly indecision.”

Mr McGill said early attempts to commercialise CBH had been sabotaged and an attempt by ABB to merge with the WA cooperative last year had been rejected by the Board without reference to grower members.

“We are aware of recent wheatbelt meetings on this subject, but believe the PGA has a role to ensure wider discussion on the issue.”

The meeting is set for 2.00pm at the Harvest Room of the Wongan Hills hotel.

Past Chairmen Alan Watson, Robert Sewell and Tony Critch will give their views and take part in a panel question and answer session at 4.00pm.

The meeting will be asked to consider a motion:

            “That the CBH Board proceed with the process of demutualisation of CBH LTD and replace it with a commercial, corporate entity.”

Inquiries relating to the meeting should be directed to Gary McGill on 96 287 058.