NZX to investigate Fletcher Building after company dumps CEO, issues further profit warning

Wed, 19 Jul 2017

By Rebecca Howard July 20 (BusinessDesk) - The New Zealand stock exchange said it will be investigating Fletcher Building's additional profit warning for the year ended June 30 and the departure of chief executive and managing director Mark Adamson. "NZX will be making enquiries into today’s disclosures, given FBU’s continuous disclosure obligations under the listing rules," the NZX Head of Market Supervision Joost van Amelsfort said in a release. Separately - in accordance with NZX’s routine surveillance processes - "trading ahead of t...

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