Chow Group never tapped the public for capital after buying listed shell in 2016

Fri, 01 Jun 2018

By Jonathan Underhill June 1 (BusinessDesk) - Chow Group went public in 2016 through a reverse listing with big plans to raise capital to bankroll a portfolio of accommodation and hotels but two years on it hasn't sought funds and will go private again. Officially the listed vehicle for businessmen John and Michael Chow objects to NZX's proposal to abolish its small-cap market and offer all companies a slot in the main market on better terms. The brothers, who have built a property business on the back of a family takeaway in Wellington a...

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