Michael Hill confirms plan to move primary listing to ASX

Michael Hill confirms plan to move primary listing to ASX
Tina Morrison
By Tina Morrison April 13 (BusinessDesk) - Michael Hill International, the listed jewellery retailer, confirmed it will go ahead with plans to list its shares on the ASX, given most of its operations are now based in its dominant market of Australia and its financial reports are in Australian dollars. The Brisbane-based company will list through a 'scheme of arrangement' which will see a new Australian parent company acquire all the shares through an exchange of shares on a one-for-one basis, it said in a statement. The new company will h...