NZ RegCo to delist 'integrity damaging' QEX

NZ RegCo to delist 'integrity damaging' QEX
The NZ Shareholders’ Association says the company has vacated its premises but nobody was sure if it was still operational. (Photo: supplied)
Dan Brunskill
New Zealand’s listed market regulator says it will delist troubled export firm QEX from the exchange in April – a forceful action that hasn’t been seen in recent exchange history.NZ RegCo chief executive, Joost van Amelsfort, said it was the first time a company has been forcibly delisted since he began working for the exchange in 2014.  He said in a statement to the NZX that leaving the non-compliant company on the exchange damaged market integrity without offering shareholders much protection.“Cancelling QEX&rsquo...

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