Sharechat Logo

SkyCity says sorry for late filing to ASX over director appointment

Thursday 16th August 2012

Text too small?

SkyCity Entertainment Group, the casino operator in talks with the New Zealand government to build a convention centre in Auckland, has apologised to the Australian stock exchange over a late filing of a director's appointment, and said it won't happen again.

The Auckland-based company lodged a notice informing the Australian market of Richard Didsbury's appointment outside the required five business days after company secretary Peter Treacy needed clarification on the final two approvals, Treacy said in response to a please explain letter from the ASX.

Since breaching the rules, Treacy has taken "further steps to ensure this does not happen again," which will see staff dealing with regulators outside New Zealand inform him immediately in relation to board appointee approvals so as "not to hold up stock exchange filings," he said in a letter to the regulator. "I am confident we will not have a further late filing."

SkyCity flagged Didsbury's appointment in November with his formal approval last month.

The dual-listed shares rose 2.2 percent to $3.66 in trading in New Zealand, and were up 2.2 percent to A$2.80 on the ASX.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

SkyCity's Queenstown growth ambitions face test with convention centre decision tomorrow
SkyCity buys TVNZ land for $10.6 mln, broadcaster to put cash into upgrading main building
SkyCity shares fall as results show struggle to squeeze growth out of Auckland
SkyCity FY profit falls 8 percent on flat Auckland result, one-off 2012 benefits
FMA recorded Allen's role in SkyCity talks as potential conflict of interest
South Australia approves ‘game changing’ SkyCity casino licence, allowing A$300M investment
Government roped in FMA chair Simon Allen to help close SkyCity deal, papers show
SkyCity cleared to buy Queenstown's Wharf Casino
NZ govt, SkyCity take another 5 days on $402M convention deal
NZ government, SkyCity extend deadline for deal on $402M convention centre