Biz briefs: Abano okay

Last updated 08:44 11/06/2014

Relevant offers

Industries

NZI offers insurance excess waiver to top quarter of trucking firms Booksellers NZ wary as Australia explains limit to 'Amazon tax' NZ's richest businessmen lose millions in sharemarket turmoil Mighty River Power to pay special dividend, operating profit slips to $482m Falling petrol prices mask rising margins After Kirkcaldie & Stains move, Brierley moves on Smiths City NZ Post boosted by Kiwibank Countdown result outshines Australian owner Woolworths Leasing outlook stronger for Marsden Maritime Holdings NZ dollar still low as NZX 50, US dollar and Wall Street strengthen

No rule breach found

NZX Regulation says it found no rule breach during its investigation into a complaint received over Abano Healthcare's compliance with NZX listing rules.

The complaint was about Abano's 2012 annual meeting and whether the company complied with a rule requiring at least one-third of the directors to retire at each annual meeting. It also covered a report by Grant Samuel released to the market by Abano before the 2013 annual meeting.

Abano is embroiled in shareholder and legal battles areound takeover offers and employment disputes.

Ad Feedback

- Stuff

Special offers

Featured Promotions

Sponsored Content