A&B shareholders OK purchase of contractor Grace Pacific
Shareholders of local real estate firm Alexander & Baldwin Inc. have overwhelmingly approved a management plan to buy Hawaii contractor Grace Pacific Corp. for $277 million.
A&B reported that 98.7 percent of shareholders who voted at a meeting Tuesday approved the acquisition plan announced in June. Grace, which is privately owned, previously said its shareholders would approve the deal that calls for the state’s largest asphalt paving contractor to become a subsidiary of A&B.
The purchase is expected to be completed by the end of the year.
A&B is financing the acquisition mainly by issuing $200 million worth of A&B stock to Grace shareholders. Another $35 million will be in cash. A&B also is assuming $42 million of Grace debt.
Snap-and-win contest theme announced by Toyota Hawaii
The theme of Saturday’s Toyota Hawaii photo contest is "Shaka Pose."
The prize in the social media photo contest has been boosted to a $100 gas card, double the previously announced $50 gas card.
Launched in connection with the 2013 University of Hawaii football season, and staged during each home game, the contest invites football fans to enter the contest by taking and posting photos matching the theme to Instagram, Facebook, or Twitter with the hashtag #WinWithToyotaHI at any time during game day.
The winner of Saturday’s photo contest will be announced Monday, but in the meantime, all uploaded contest photos can be viewed online at WinWithToyotaHI.com.
The new theme for the Oct. 5 game will be announced before kickoff.
Auto Lunch Bunch goes blue
The Honolulu Police Department will visit the Auto Lunch Bunch at noon Tuesday.
The latest in police cars, motorcycles and police equipment will represent the "new" at Kars at the Kurb, while a 1947 Harley-Davidson UL Flathead from Cycle City will represent the "old."
Speakers Michelle Oki, supervisor of the HPD Vehicle Maintenance Section, and Norman Izumigawa, head of HPD telecommunications services, will discuss "Police technology … today and tomorrow."
The unnamed video will be a surprise. It is billed as a 100-year-old movie.
The price to attend the monthly lunch gathering at 1599 Ala Moana Blvd. is $14.25, which includes the meal, drink and tip. Reservations are required and can be made via billmaloney15@aol.com or with Ed Kemper at 225-2965.
ON THE MOVE
Aston Hotels & Resorts has announced the following new hire and promotion for its information technology services department:
» Sonny Domingo as a senior analyst. He has more than 15 years of experience in system analysis and administration, previously at New City Nissan Honolulu and as an infrastructure management analyst for Rehabilitation Hospital of the Pacific.
» Joel Tomyl to junior systems administrator from application support analyst. He joined the company in 2011 and has more than 25 years of experience in diversified management and customer service, previously serving as training operations manager for New Horizons Computer Learning Center of Hawaii.
RevoluSun has promoted Marian Kang to community relations coordinator. She will continue her duties as paralegal for the company’s legal department in addition to her new responsibilities in the marketing department. Her experience includes serving as a legal secretary for Lee Bazo & Nishi Law Offices in Irvine, Calif.
