Board stoush brewing for Syft Technologies AGM

Board stoush brewing for Syft Technologies AGM
Dissident shareholder Doug Hastie is seeking to overturn his ousters. (Image: Syft)
Denise McNabb
Former Syft Technologies chief executive, Doug Hastie, has launched a scathing attack on the company in a bid to get the chairman sacked, the board removed and have himself reinstated as a director at the company’s annual meeting in Christchurch next month. Details of the brewing stoush between Hastie and the company are revealed in documents posted this week by the “sniffer” tech company on the Unlisted exchange where it trades. Hastie is the second largest shareholder in Syft, with a 12.8% stake, and is also widely...

More Markets

Advent International eyes NZ deals with Aussie outpost
Markets

Advent International eyes NZ deals with Aussie outpost

US private equity giant says NZ key market for growth.

These shares are 'priced for awful'
Markets

These shares are 'priced for awful'

Kathmandu, SkyCity and Fletcher shares are under pressure. Some are taking the plunge.

NZ sharemarket drifts lower
Markets Market close

NZ sharemarket drifts lower

The S&P/NZX 50 Index closed at 11,776.73, easing 12.65 points or 0.11%.

Graham Skellern 02 Jul 2024