17 August 2022
Market Announcement
NZX:NZA
Resignation of Auditor
NZ Automotive Investments Limited has received notice from its external auditor, Grant Thornton, that in accordance with section 207R of the Companies Act 1993 it has resigned as external auditor of the NZ Automotive Investments Limited and its controlled entities, effective immediately.
Grant Thornton will co-operate with the incoming auditors as appropriate to ensure a smooth transition. The Board of Directors, which will be reconstituted on 21 August 2022 with the resignation of four current directors and the appointment of two new independent directors will work through the process of appointing a new external auditor in due course.
ENDS
David Page
Chief Executive Officer
NZ Automotive Investments Limited
[email protected]
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
The bus operator's net loss widened from $8m to $17m in the year to March 31.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details