UPDATE Kirkcaldie shareholder reserves judgment on asset sale

UPDATE Kirkcaldie shareholder reserves judgment on asset sale
(Adds comment from Kirkcaldie on sale to local concern in 13th paragraph) By Pam Graham Oct. 29 (BusinessDesk) - Kirkcaldie & Stains' biggest shareholder, H&G, the investment vehicle for the Cushing family, is reserving judgment on a major asset sale by the retailer which drove the share price up 23% to a four-and-a-half year high. David Cushing says detail is too scant on the company's sale of its Harbour City Centre building in Wellington, so his family, with a 19.9% holding, is adopting a wait-and-see position to the transformational deal...