Denham Shale earlier this month promised he would give an account of the restructuring of the companies, owned by ratepayers through the Dunedin City Council, last week.
The Otago Daily Times requested an update on issues including the employment of a third director, work on the restructuring, and the implementation of recommendations listed last year in a report from independent consultant Warren Larsen.
But contacted last week, Mr Shale, of Auckland, refused.
He said instead, he would answer following a meeting of directors in Dunedin tomorrow.
Mr Shale was hired by the council last year, after the former board, headed by Paul Hudson, was sacked following the revelation of an $8 million shortfall in dividends from the company.
He put the ODT off late last November when similar questions were asked, saying the newspaper would have to wait until this year.
Poor communication between the company and the council was one problem noted following the release of the Larsen report.