By NZPA
Friday 11th October 2002 |
Text too small? |
The proposed new market will merge the underperforming New Capital Market, the "unlisted" or secondary market, and encourage smaller companies listed on the main market to join it.
Geoff Brown, the exchange's relationship and markets manager, said a large number of submissions received from the industry and the majority had been "overwhelmingly positive" .
The new market would serve a much broader base of companies, seeking capital and listing opportunities, he said.
The exchange would now review all submissions it has received, and work with the Securities Commission, to develop a final market structure ."
The launch of the growth market is being planned for 2003.
No comments yet
EROAD strengthening focus on ANZ opportunities
Devon Funds Morning Note - 16 October 2025
October 17th Morning Report
PGG Wrightson - Governance Update
CDC confirms new AI data centre contract
MCY - Quarterly Operational Update
Devon Funds Morning Note - 14 October 2025
October 15th Morning Report
Scott Secures $44M Appliance Contracts Across Americas
October 14th Morning Report