Victoria shareholders asked to agree high risk growth strategy

SHAREHOLDERS in carpet manufacturer Victoria are being asked to vote on a new strategy designed to enhance their investment and generate new business for the firm.

The company underwent a major upheaval last year which resulted in the old board being ousted in favour of a new set of directors promising to turn around the fortunes of the business.

The new directors said at the time of their coup that they wished to directly link the performance of key personnel to the creation of wealth for shareholders.
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