SMH 15 mins agoThis morning at a meeting of ordinary...

SMH 15 mins ago

This morning at a meeting of ordinary shareholders in Babcock & Brown Infrastructure more than 80 per cent of proxies voted for the proposal - above the threshhold of 50 per cent of votes cast necessary for approval.

This afternoon at a meeting of BBI Exchangeable Preference Shares, the combined vote of proxy holders and proxies directed by the chairman, David Hamill, amounted to about 80 per cent - above the threshhold of 75 per cent of votes necessary required for approval.