RIS shares face suspension over late annual report

Sun, 02 Nov 2014

By Suze Metherell Nov. 3 (BusinessDesk) - RIS Group, the NZAX-listed shell company, has until the end of the week to file its annual report with NZX or its shares will be suspended from trading. The Wellington-based company has until Friday to lodge its annual report with the stock market, having missed Friday's deadline, the stock market operator and regulator said in a statement. Since 2011 shares of RIS have been suspended twice for filing a late annual report, NZX data shows. In 2012 RIS sold its Retail Information Systems, a payme...

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