Proxy Blog

Industrias Bachoco, S.A.B. DE C.V. 

April 13, 2018

Industrias Bachoco, a Mexican poultry producer, provided a proxy. The proxy contained nine proposals. A proxy document is not available, nor were materials available on the Proxyvote web site. 

Magni voted against all nine proposals as there was no explanation of the proposals. Magni views opaqueness as very detrimental to corporate governance.