A New Zealand firm got a seat on Calmat’s board.
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Industrial Equity (Pacific) Ltd. said in a filing with the Securities and Exchange Commission that Calmat Co. enlarged its board to 14 directors from 13 so Robert Langley, president of Industrial Equity’s North American operations, could join the board. Industrial Equity, the Hong Kong investment arm of New Zealand-based Brierley Investments, holds a 13.52% stake in Calmat, a San Francisco-based cement company.
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