Listed Companies

DGL spits the dummy: leaving NZX after Lim debacle

Pattrick Smellie
Fri, 27 May 2022

DGL spits the dummy: leaving NZX after Lim debacle
DGL CEO Simon Henry has dodged media questions since the offending comments. (Image: NZME)
Pattrick Smellie
Fri, 27 May 2022
The New Zealand company at the centre of the Nadia Lim “Eurasian fluff” debacle is to de-list from the NZX and trade its shares only on the Australian Exchange.DGL, which manufactures and trades industrial chemicals, made no mention of the PR disaster that saw the stock dropped like a hot cake by a string of NZ funds managers, saying it had made the decision because trading volumes on this side of the Tasman were too small to make dual-listing worthwhile.However, in an unusually direct comment, NZX chief executive Mark Peterson said...

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