Quotation of NZCS' shares suspended pending transaction, three directors quit in three weeks

Quotation of NZCS' shares suspended pending transaction, three directors quit in three weeks
The company produces premium seafoods. (Image: Facebook)
Riley Kennedy
Shares in ASX-listed New Zealand Coastal Seafoods have been suspended from quotation pending the announcement of a proposed transaction.The company has lost three directors in less than a month - one of whom lasted three weeks.The company told the ASX it had requested the voluntary suspension of its company’s securities “pending an announcement to the market of a proposed transaction under Listing Rule 11.1”.That rule states that if an entity proposes to make a significant change, either directly or indirectly, to the nature o...

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