Friday 8th June 2012 |
Text too small? |
Warehouse Group, the biggest retailer on the NZX 50 Index, has been given approval to delist from the Australian stock exchange after high costs forced it to review its duel listing.
The retailer has complied with the conditions set out by the ASX and will be removed from the exchange on June 29. Shares will be suspended from trading on the ASX on June 22 to allow time for settlement before the company is removal from the exchange.
Warehouse shareholders who wish to retain their shares will be transferred to the New Zealand bourse. The retailer's shares have shed 14 percent this year on the NZX, currently trading at $2.54.
BusinessDesk.co.nz
No comments yet
Devon Funds Morning Note - 06 May 2024
EROAD FY24 Results and Webinar Details
thl reduces FY24 NPAT guidance
May 6th Morning Report
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change