Lew keeps up at­tack on Myer

The West Australian - - WEST BUSINESS - John Dagge

Solomon Lew has con­tin­ued his as­sault on Myer, telling its share­hold­ers in a new let­ter that their in­com­ing chair­man has lied to them.

Mr Lew said while he did not like hav­ing to use that ter­mi­nol­ogy, there was no other way to de­scribe some state­ments made by Myer chair­man-elect, Garry Houn­sell.

“I don’t like to use such lan­guage, but there is no other way to say it ac­cu­rately — Mr Houn­sell has lied to you on sev­eral points,” Mr Lew wrote.

His listed re­tail ve­hi­cle, Premier In­vest­ments, is Myer’s big­gest share­holder.

Premier is op­pos­ing the ap­point­ment of Mr Houn­sell, the elec­tion of an­other pro­posed Myer board mem­ber and the re­elec­tion of an ex­ist­ing di­rec­tor at its an­nual meet­ing next week.

Mr Lew, who wants two Premier direc­tors and a third rep­re­sen­ta­tive ap­pointed to the board, has be­come in­volved in a bit­ter brawl with Mr Houn­sell.

Mr Lew has also la­belled as false claims that he did not tell Myer which direc­tors he wanted on the board of the depart­ment store group be­fore pub­licly nam­ing them last week.

Myer branded Mr Lew’s let­ter “of­fen­sive”.

“This is just more of the same from Mr Lew and we re­fute the of­fen­sive com­ments about Mr Houn­sell,” it said.

“The Myer board rec­om­mends share­hold­ers dis­re­gard Mr Lew’s cor­re­spon­dence and vote in favour of the board’s nom­i­nees at next week’s AGM.”

Myer shares fell 0.7 per cent yes­ter­day to 72¢.

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