Eroad presses ahead with ASX dual-listing

Eroad presses ahead with ASX dual-listing
Paul McBeth
Eroad will go ahead with a secondary listing on the ASX next month, but has no plans to up sticks and leave New Zealand. The truck-tracking technology company signalled its plan to pursue a foreign exempt listing on the ASX to cater to growing investor interest from Australian and international investors. Provided the Australian Securities Exchange accepts it, Eroad will list across the Tasman in September. “While it is Eroad’s intention to remain a New Zealand domiciled-business, committed to our New Zealand investor base, the board beli...

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