1999 annual shareholders' meeting was reconvened today. At the meeting, a majority of common shareholders voted in favor of the proxy proposal to reincorporate Group as a Delaware corporation. Preferred shareholders also approved the proposal.
Management expects to complete the reincorporation process during the second quarter.
California Water Service Group is the parent company of California Water Service Company and CWS Utility Services. California Water Service Company is the largest investor-owned water utility in California and fourth largest in the country. Since 1926, the Company has provided Californians with high-quality domestic water service. Its 21 operating districts serve approximately 1.5 million people in 59 California communities. CWS Utility Services provides nonregulated water related services.